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To: bcrafty who wrote (128931)2/2/2006 4:33:42 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
<<do you think AMZN is currently in a 3/C as I mentioned earlier?>>

Seems likely. And as cyber and JJ have noted... EBAY could be about to enter a C down, too (or, it seems, already has). One of my concerns about this big rally that lots of us are hoping/looking for is that there are so many charts that are not willing to commit to their bull patterns, if that makes sense. Ya know, two options... but many are either breaking to the bearish side OR simply not yet going to the bull. My bearish wiggle NDX count ties in nicely with a 3 down in lots of stuff, so I am wary.



To: bcrafty who wrote (128931)2/2/2006 5:04:10 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 209892
 
I'll probably sell right after open tomorrow

Why not just buy the underlying right now, during the AH dip, and lock your (profitable) deltas until markets reopen?