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: 16yearcycle who wrote (5302)	8/17/2002 3:36:31 PM
From: Jeff	Read Replies (2) of 30712

the retrace missed one bottom by 100pts....that was 1560 and the retrace showed 1465..... this whole week was paint....paint can throw off the retrace but it always falls back into place..... 1459 is the top to watch.....but if they get enough fools looking higher i can take a blow off slightly higher... the point is......during options you can't believe anything..... all the dailys are overbought.....and the weeklys are about to do d-blows..... look....i can see you are messed up and have no clue whats going on....you follow Zeev and he's all over the map this year because he has been using the wrong model from 66-82 which is clearly not a bubble retrace.... we have been position trading off tops here.....we have been following the right model.....and when we hit the 1190's bottom which we saw coming back in may.....the call was for ramps and dumps.....we got ramps and dumps like no other time in history..... so now we just came off an options painted week.....we are still in the retrace.....they have the bulls all lathered up....they have shorts doubting..... they are messing up the charts for a good reason.....everybody looks to the charts for answers....they paint crows and break them....they paint right to important support.....they are screwing with everybody..... but i found anti-venom last week to warn of more up....and i found anti-venom on thursday and warned of the dump early but ramp later....... so....if they want to paint higher than 1459....or paint doji's or black oxy and break them in other directions....or paint crows....fine.... because through it all....NDX pierced and SPX pierced....and d-blows are all over longer term charts... did you see that post of readings that happened back in august of 29-32..... i don't know what you are looking for here..... the stance is still this market is going to new low in october..... and to get there you have to deal with the day to day b.s.....

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