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

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To: oldirtybastard who wrote (3296)7/10/2002 3:14:09 PM
From: Jeff  Read Replies (1) of 30712
 
thanks....

my quote has 923.48 today so far....and stockcharts has 923.3 as the pierce point...

its very important to get the exact pierce.....otherwise you don't know if you get a pierce and sucker rally...<gg>

and with the nasdaq still way above 1336.....tough to know how deep the pierce goes here....might have to wait for nasdaq to pierce 1336 also....that would put the spx pierce deeper into the teens.....

all that really matters for the retrace to get to that 1200 is a pierce here of any kind.....thats the door opener...

and the next top off any sucker run should be the short to 1150-1200....

just gotta wait and see how its plays out....
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