another IHS in the works http://finance.yahoo.com/echarts?s=^GSPC#chart1:symbol=^gspc;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined If the shoulder holds shorts are gonna get smoked.
long 5 ES @943.25 I think 935/940 may hold Will add 5 more lots at about 938 OB. Stop on all 6 poitns
Update: Hoovering around 935. Now we could still go way lower, but I thought as a 2nd bottom, this 920-950 looked pretty. People with balls can attempt a longer term long here... Oh yeah, status is: check
Here you go wave, what do you think of a 7 pe for the market? http://www.zealllc.com/2005/longwave2.htm