2 replies to this topic

[eminimee]

slight new low on ES...maybe completing 5 down...OEX closes on neckline.....now they can go either way in the morning...........I bet there will be some sleepy eyes tomorrow for those watching China. We also still have that chance of the 4 wave coming down to overlap on the 15 min spx.....if the tops not done. Overlap would be the target of the H&S actually. Gap down is my call.








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[hiker]

fyi, IBM has been on an hourly sell since 5/21...red candles dominate the 60-minute IBM chart last two days.

Edited by hiker, 23 May 2007 - 03:15 PM.

[thespookyone]

was a great close for my Q puts, and the market in general. I'm with the gapdown, which will, blow support out from under the S+P, as well. My guess is China drops half a K tonight. Spooky