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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (135765)	8/17/2006 9:24:19 AM
From: steve from ihub	Read Replies (1) \| Respond to of 209892

thanks for the reply ski. the may move down in the ndx/nas sure looks impulsive to me. not so in the spx which only acts to confuse matters a bit. i am an anticipatory trader so waiting for confirmation of a move in the spx below aug 10 lows would be about 70 points later than an entry near the highs of 1326/30 which is where i have believed this is all headed. i look for my setup and take the move long or short usually a bit early. what i was probing you for was the kind of things you would expect to see near the coming highs to mark an entry on the short side. any tidbits that you would like to offer up are welcome i agree that there is more work to be done below after a few more weeks of the bull love. we should have a pretty tasty long entry when this all plays out. those levels should be lower than recent lows on all/most indexes. the timing of that could well be in the fall like you stated