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To: Shack who wrote (148008)8/14/2007 1:35:52 PM
From: Henry J Costanzo  Respond to of 209892
 
I'll pass......but you've offered such interesting stakes lately, tempted to take you up on that bet...LOL



To: Shack who wrote (148008)8/14/2007 1:36:08 PM
From: skinowski  Respond to of 209892
 
On 15 min SPX seems to be *attempting* a 5th down off yesterday's top...but it ain't working well. Even if it does, bearish fireworks for today are likely over.



To: Shack who wrote (148008)8/14/2007 2:11:06 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Your RIMM H&S....back below the neckline after that brief overthrow yesterday..



To: Shack who wrote (148008)8/14/2007 2:12:20 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
Here is an EW dilemma - if I think this is the 5th, should I cover and risk missing a runaway move, or stay in and risk a reversal? I realize that this is a wiggle case here, but the same is true in any time frame.

(Maybe not now, but it's a good subject to discuss after hours some day)



To: Shack who wrote (148008)8/14/2007 2:14:03 PM
From: skinowski  Respond to of 209892
 
SPX previous low so far is holding like a rock



To: Shack who wrote (148008)8/14/2007 2:21:30 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
It tried to flush right where you said it should....but so far can't seem to make it...You may win that bet you made with yourself...what's the payoff ?...LOL