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Re: optionking post# 203968

Thursday, 02/12/2004 10:03:12 AM

Thursday, February 12, 2004 10:03:12 AM

Post# of 704044
We need confirmation today or tomorrow for the trend to short term reverse back to "buy the dip, smack the shorts". My dow 10,150 target was not reached and just shows the internal strength of the market so far. The internals have not corrected as far as I had thought they would but as always I need to watch for signs that this is a headfake but right now it doesn't appear to be one. When the dow printed 10,710 it cleared some air possibly. Should the $spx print 1162 then a hasty advance to 1176-1183 is possible. The naz goes wild at a 2156 print.

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