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jrintl

04/13/04 4:23 PM

#10027 RE: was Steve #10026

(If we do get that big down after some days sideways). On an ewave perspective, I would not understand this year's action- for the move from this year's top (so far) can not be considered impulsive (must be corrective) since the bottom of the 1 off the top got overlapped (I believe COMP/NDX too). So then the next most likely count would be (that we've started a 'C' down (to equal 'A' down) but that would run counter to highs in early/late summer, and would actually mean down into this summer, and then reversal to new highs (which totally would mess up my longer-term count).

Intc was a good report (I'd think). 28cents (1 above), and they raised the range on the top end (no bad news). At least that's what's I'm hearing so far...
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positiontrader

04/13/04 5:36 PM

#10030 RE: was Steve #10026

Steve,

I told you we would move,I just picked the wrong direction.<G<NG>
I should have known yesterday when I did not get my go long signal.I should have never been 200% long today.Live and learn.
I was doing well this month until today.
Currently in cash.I am thinking one more day down and then reverse but we will see.

Regards

Marc