4 replies to this topic

[eminimee]

I'm still thinking bull count....where we have completed a C wave of an expanded flat....

...the two alternatives would be that we are only completeing wave A of a three wave move up.....or completing a C wave and it will be down hard....

I'm flat a waiting for more info...

This is where NAV would come in handy...his short term indicators are better than mine .....NAV....any clues? I'm very close to getting a 120 buy.....bullish.

http://stockcharts.com/c-sc/sc?s=$OEX&p=15&yr=0&mn=3&dy=5&i=p46143158212&a=89308538&r=5829.png

[GOOSE2]

pretty dog-gone quiet on the board today, huh?

[Frac_Man]

shhhhhhh

pretty dog-gone quiet on the board today, huh?

[eminimee]

Those with conviction on the short side should be selling this ......going to be an interesting two days..not that the past few weeks haven't been interesting. lol Even though I'm bullish.....I'm flat here ...I took 9 points long in a couple of trades this morning.....this is a good area to short as a stop and reverse is obvious...or just a stop. I'm going to remain flexable though...I don't want to miss a big down move if that's the plan.

Edited by Teaparty, 07 August 2007 - 11:45 AM.

[kaiser soze]

I'm long a small position of OEX weekly calls. Minimal risk, maximum upside.