P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Mike M who wrote (3502)	7/15/2002 5:41:28 PM
From: Jeff	Read Replies (1) of 30712

yup...ORCL is my main canary for this market.... those 3-crows monthly tell me long term its going be toasted....and that 50% retrace tells me this market could go higher yet and possibly break out of the retrace....unless of course if ORCL gets to that 12 area alone with it just spiking up on a pump job..... i hope it plays out that way.....cause i'm ready for another spike short like it did last time.... if it just gets there going up with the market.....thats trouble for the retrace watchers.....because the market would likely head to 1500's and the nasdaq could morph into the nikkei type retrace....and the whole time frame for the lows change..... but the one certain thing.....the 3-crows will still say its going down to much lower levels.....

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