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: Justa Werkenstiff who wrote (5441)	8/20/2002 1:06:44 PM
From: Jeff	Read Replies (1) of 30712

just be aware if yesterday was the top.....you have to start watching the otherside of 1400 area now..... stockcharts.com[h,a]daclynay[d19960701,19970127][pc9!c13!c20!d20,2!h.02,.20!f][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll14!Lo14!Lb14!Le5,10,1]&pref=G so....."if" we topped......we should bleed to 1250 and eom ramp back to 1328 or so.....then go for another shot at 1200.... and even if that happened.....1 month from now we would still only be 100 pts lower than today.....but then the big dive into oct would start..... but of course da boyz are ramp happy here now so we still don't know if they want the next up targets at 965 spx or 1423 nasdaq...the sept closing lows..... dailys are way overbought.....but now the 30 min and 60 min have some room for more up.....but that also will put them into position for d-blows again...... so with the overbought dailys.....they might get one more blow off ramp before a bigger dump.....because the overbought dailys play perfect for a bleed to 1250 if thats in the cards..... its a tough to call area we are in here....the recent ramp has the bears scared and the bulls over confident..... one of them is soon to get toasted.....

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