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Replies to post #3320 on °¿°

Replies to #3320 on °¿°
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Myself °¿°

12/02/08 5:36 PM

#3321 RE: Myself °¿° #3320

#msg-22085374 ...
An oversold bounce. Time to short strength?
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Myself °¿°

12/03/08 9:26 AM

#3322 RE: Myself °¿° #3320

re:

If oex can't break under 404.33 then oex could go higher intraday... If thats the case I'll short it

Previous close 412.19 - 1.95% = 404.152295
if oex can't break 404.33 then 5 or c could be higher to close out B.
Current futures suggests it will get broke.

If oex can break under 404.33 and does bounce intraday...
I'll short it again because oex will be in a new count down into C. Count violation @ previous high of 413.32

Providing OEX daily is in 1 trying to set a 2 and make a sizable bounce into 3...
The new count down into C has many roadblocks along the way.
The count down could be very radical with relief bounces along the way.
Of note:
* previous low b
* previous low A
* the 391+/- gap
* 2002 low