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To: Jack of All Trades who wrote (139023)11/30/2006 10:45:42 AM
From: Henry J Costanzo  Respond to of 209892
 
SPX...Yes, support around 1381, but i don't see any reason why that should hold..vbg

Looking at the wiggles, we may now have completed 1 down of the C I think may have begun this morning...



To: Jack of All Trades who wrote (139023)11/30/2006 1:37:50 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
SPX...Move to new HOD just now has me puzzled...Could we have completed that correction from 1407 in the space of just 3 days (Wed-Fri-Mon)....????



To: Jack of All Trades who wrote (139023)11/30/2006 1:42:55 PM
From: Galirayo  Respond to of 209892
 
The older UT line that it just recovered yesterday and Re-Tested on the Low today .. is at 1395/96 today ..

>>I think we are going down but see support 1381 area...<<

I'm looking at a Rectangular area of 1382 to 1402 as Support and R.

I'd like to see that older UT line remain intact.