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

To: skinowski who wrote (10250)	4/6/2009 10:30:16 AM
From: Perspective	Respond to of 41518

I like that interpretation a lot. It would also set up a nice test of that R1K line that I posted a while back. Man, we could turn right here and it would be a beautiful zig-zag wave 4 on the SOX. I've started entering a couple anti-tech positions just in case. These are frustrating Ewave points, though; you're either wrapping up a correction, or backtesting a breakout into an impulse. `BC

To: skinowski who wrote (10250)	4/6/2009 10:54:49 AM
From: Perspective	Read Replies (1) \| Respond to of 41518

Lots of talk of THE bottom being in these days. I think the odds of us having barely peeked over 1.1 for the put-call and bottoming out a generational bear are almost laughable: Message 25481841 Look how much the put-call rose over the course of the last bear: `BC

To: skinowski who wrote (10250)	4/6/2009 12:49:59 PM
From: jaker	Respond to of 41518

Sounds reasonable to me... I have been tracking trendlines lately... SPY daily gap, not a true gap cuz you can't roll a bowling ball thru it... but I think worth watching if the trendlines bust.. screencast.com