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	7/15/2002 10:47:55 AM
From: Justa Werkenstiff	Read Replies (2) of 30712

Nasdaq summary: Here it is plain and simple. It all adds up to how many daytrading shorts they baited into the Nasdaq for more down today based on the Dow and SPX. We breached Friday low on the QQQs by a little but that is still okay for this pattern to work out. Now we should trip up above $25 to shake out the weak baited shorts (shorts should win this one after a few days) and then bait the longs into the relative strength of a perceived Nasdaq bottom.

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