Roger- this is what I meant....this week's bounce was just like bounce off of Jan 9 low and subsequent failure. Your charts helped me see that, so that I could add accordingly....Mahalo!http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p95021789584&a=114816680&r=9938.pngThanks Roger. Good thoughts. I'm thinking that this may be more like the bounce off of the January 9 low, which came (just like this low and bounce) 9 trading days into the slide that began just after Christmas. This one came 9 days into the slide which began from my last SS sell. I'll be watching the RSI's and may add to shorts on a retest of yesterday's highs on the 2 and 5 day- sometime around Friday. We'll see how it plays out....Best regards, D
Edited by IYB, 14 March 2008 - 03:06 PM.











