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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (10053)	3/3/2009 8:25:20 AM
From: Perspective	Read Replies (2) \| Respond to of 41420

Cripes, everything happens so darned quickly these days. I've been watching this setup since the November low - what, 60 trading days or more. Then it just utterly collapses in the space of 3 days. Not so much as a bounce. Minor wave ii before the collapse was virtually nonexistent. Want a 38% correction to at least get a sense for how vigorous a short-covering rally might be? Not a chance. You had to sell into weakness. Yuck. Not the way this bear was raised. For that reason, I'm looking into the component issues a little more deeply. Sometimes they provide easier entries, better risk/reward setups. finance.yahoo.com `BC

To: NOW who wrote (10053)	3/5/2009 12:07:19 PM
From: Perspective	Read Replies (1) \| Respond to of 41420

OK folks, is there any support around here anywhere? My hedges are starting to get out of control. I keep waiting for a bounce that lasts more than, say, six hours, but they just aren't coming. I thought I saw a potential completed impulse down at the low a couple days ago, but we've now punched to yet another low. SPX 700 didn't do a darned thing for the market. I see a wiggle low around DJIA 6500, coming up rapidly, but seriously, is anybody looking to buy these levels? `BC

To: NOW who wrote (10053)	3/5/2009 12:07:24 PM
From: Perspective	Read Replies (3) \| Respond to of 41420

OK folks, is there any support around here anywhere? My hedges are starting to get out of control. I keep waiting for a bounce that lasts more than, say, six hours, but they just aren't coming. I thought I saw a potential completed impulse down at the low a couple days ago, but we've now punched to yet another low. SPX 700 didn't do a darned thing for the market. I see a wiggle low around DJIA 6500, coming up rapidly, but seriously, is anybody looking to buy these levels? I'm absolutely awestruck that NONE of the November lows produced more than a one-day bounce on ANY of the averages: R1K R2K DJIA SPX - SOX&NDX are about the last hope for a bounce at the November lows. `BC