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ajtj99

12/29/05 10:57 AM

#68068 RE: Justa Werkenstiff #68067

SPX may want 1253 prior to a recovery. The intra-day bear flags formed over the past couple of sessions are starting to show signs of breaking down.

OEX target is 572.
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market_watcher

12/29/05 11:49 AM

#68074 RE: Justa Werkenstiff #68067

If my count is accurate, we're about to enter the iii of 3 of C now. That would take us down pretty hard and probably generate those closing buy signals you're looking for. If we take out 41.06 on the QQQQ, the iii may be delayed or it may be that my whole count isn't right.