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

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To: ajtj99 who wrote (3104)7/3/2002 2:07:24 AM
From: LTK007  Read Replies (2) of 30712
 
aj et al--repost<<To:SirRealist who wrote (90375)
From: itsallover Wednesday, Jul 3, 2002 1:50 AM
Respond to of 90504

just scanning and pondering charts, and if wasn't for my dread of PPT, i would say we would get our intermediate term blow-out capitulation within days.
But how many times have we been on the brink and lo and behold a buy program hits and shorts respond by covering and we are back to the drawing board? Too many times.
^BTK is interesting , as 300 is it's last line of strong support before it descends into oblivion.
We also have a support line 1300/1325 on COMPX.
We however are on the edges of a real catharsis.
This chart would say it the easiest regards what i want to see.
The NASI MUST break below minus 1000, it simply must before i can say we have a intermediate bottom.
stockcharts.com[g,a]dal...
BTK stockcharts.com[w,a]dacl...
BPCOMPQ stockcharts.com[h,a]...
and what do you think of the SOXX??? stockcharts.com[r,a]dacl... >>
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