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michael03332002

08/15/06 5:09 PM

#87934 RE: ajtj99 #87933

AJ,, dang I hate to ask this and probably know the answer

but (lol ) does that statement mean it will drop to that level WITHIN that hour or by the end of that time frame

ok, dont flame me just wanting to read you right where you think we may be up until the hour time frame or all over the place and have the LOW by the end of the timeframe

M
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ajtj99

08/15/06 5:35 PM

#87943 RE: ajtj99 #87933

If the "mirror" NYA chart continues to play, we'd get a low tomorrow noon to 1:00PM, then sideways to up into expiration, but remain half-way between today's highs and tomorrow's lows, then up into Tuesday to possibly as high as 1296 SPX and 8360-8400 NYA.

Then we'd be shorting a re-trace of the rise into that high, or possibly more.