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westpacific

01/20/05 4:42 AM

#347534 RE: Zeev Hed #347523

1180.85 - looks like we are heading down, the gap down will take it out.

So if we do have a wave B complete then SPX 1129.30 should hold.............

If it does not then it tells us the overall wave 5 advance is complete and we are really going down hard. On the other side it does hold could set up the wave 4 and a final advance into Febuary top. BUT with these earnings reports I am starting to feel down is more likely into Febuary.

Tricky SOB for now, all driven off earnings, as I said GAMBLERS market holding overnight!