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: Jeff who started this subject	7/11/2002 6:24:27 PM
From: Michael	Read Replies (1) of 30712

Hi Jeff, I'm a little puzzled by the logic of the retrace. Looking at this chart stockcharts.com[w,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G What happened so far in the drop from the highs, doesn't seem to be symmetrical with the run up. While the overall shape of the up and down legs are similar, the details can seem to vary a fair bit on a day to day (week to week) basis. Given that what gives you the confidence to use your current map as an (almost) precise day to day plan. I.e. your categorical statement that there could not be a rally over 1459 here. I am missing something here and would appreciate if you could give a little more detail on why you think it works thanks Mike

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