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To: jjstingray who wrote (173671)11/19/2008 3:22:07 PM
From: The Freep  Respond to of 209892
 
I'd be happier with a bounce if we could swoosh down to some downside targets first. Maybe into the close with a gap down reversal day tomorrow or something like that? Sure. Then watching the structure of the bounce will maybe give us a clue.

I don't see your C up to 1000 as very likely, btw. Of course, I'm admittedly bearish for the next 4-5 weeks, even though I'm agreeing a bounce could be coming sooooooon. Just from lower, gosh darn it!



To: jjstingray who wrote (173671)11/19/2008 3:22:17 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
I like hearing myself type so much I posted twice!

I just pulled up the C chart. It was at 14.81 this month! Volume seems to be increasing there this last hour, so maybe it will have been punished enough at some point soon.

GE wants a new yearly low, too....


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