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To: skinowski who wrote (128843)2/1/2006 6:55:37 PM
From: Jack of All Trades  Respond to of 209892
 
Well I wonder if the is the start of the move to the upper tine.

Anybody looking to short before the SPX reaches that upper tine should take a look at that fork. That upper tine is going to pull the market up to it just like a magnet.

ttrader.com



To: skinowski who wrote (128843)2/1/2006 7:08:12 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Ski -- sure, the thread is different from what it once was. Market is, too. Thread could be richer in content, yes, but it has its days anyway. Regardless, I don't view phoenix' post, as a constructive comment. Imagine if I walked into your office and yelled out "Do better medicine!" There's nothing constructive in that, is there?

My point remains: saying "hey, everyone post a favorite setup with an ewave read" would be a smarter, nicer, more productive way to accomplish the same goal. It would be in the spirit of the thread, too, where many of us have spent years together.

To that end, I toss out QCOM which has the POTENTIAL to be about to start a iii of 3 of something or another right here.

stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G

needs volume, though. Also note that regular TA via a flag break, would support a move up, too.

the freep