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To: skinowski who wrote (10262)4/9/2009 1:40:50 PM
From: jaker  Respond to of 41420
 
Bears having some problems? Gotta Luv this one, just keep the Faith

youtube.com



To: skinowski who wrote (10262)4/9/2009 3:13:41 PM
From: Perspective  Read Replies (2) | Respond to of 41420
 
I was thinking this needed to run a little further, but actually the timing is about right for it to turn, if it is going to do so:



'Twould be quite fitting if the Wells Fargo "all clear" earnings announcement marked the top for this short-covering episode.

`BC



To: skinowski who wrote (10262)4/9/2009 7:30:46 PM
From: Perspective  Respond to of 41420
 
Another place that line shows up. Also, the volume patterns in NYA aren't supportive of this advance:



`BC



To: skinowski who wrote (10262)4/13/2009 4:01:23 PM
From: Perspective  Read Replies (1) | Respond to of 41420
 
What do you think of this ringing, corrective looking structure? Usually, EW says that they break down, right? Perhaps after the drubbing it has taken, the odds favor a break up?



`BC



To: skinowski who wrote (10262)4/13/2009 5:03:57 PM
From: Perspective  Read Replies (3) | Respond to of 41420
 
Am I the only fool thinking this may be in play here?



`BC



To: skinowski who wrote (10262)4/16/2009 5:00:15 PM
From: skinowski  Read Replies (1) | Respond to of 41420
 
Closed the SPY position on today's push up. To me, this is close enough to the upper line of the ED.