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Re: gloe post# 45084

Monday, 10/15/2007 12:01:21 PM

Monday, October 15, 2007 12:01:21 PM

Post# of 79025
>>>>>>>>>>>>>>>>>>
You looking for a gap fill on the Qs (from the 10/5 gap up)?
<<<<<<<<<<<<<<<<<<

No, not really. (Remember I don't use NERS)

I just look at the ^NDX chart of the lst 5 days and there's still too much air below the recent rebound. I imagine where the price should go to make the chart look "right" and that's roughly another move down from around here like the one we had this morning. (In ^NDX, ^RUT might only make slightly lower lows)

I understand it's too hazy to be of real use to anybody else.

Anyway I already exited half my (short ER2) position around 835. (The easy money for the day has been made)

H.


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