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

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To: ajtj99 who wrote (3126)7/5/2002 2:47:54 PM
From: Jeff  Read Replies (2) of 30712
 
paul....same old sh%t different month.....<ggg>

except this time....while most are away doing holiday....they sneak in a ramp for a holiday sucker run....

they probably took out tons of higher stops by shorts who never seen this ramp coming.....<gg>

and those who were too scared to buy before the 4th now get to come in monday and pay premium prices and become bagholders to 1200.....oh well....

same game plan as always.....its time to get the next top to short and hold for a lower low......

lots of stuff pretty close to max p already.....if its even going to matter this month.....

anyway...except to get some more bagholders....this ramp should be close to over.....

sure wish i knew the true effect of wcome on t-q....that 12 reading at 1459 normally would mark a major top for sure...

but before wcome went wild....the last over 5 reading was at 1503.....

so either way.....the t-q tops are close....the max p on some are close.....and the next lower low is 1200....

safe to say....lots more downside than upside from the holiday painted ramp....<gg>
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