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

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To: HairBall who wrote (5489)8/21/2002 9:49:16 AM
From: ajtj99  Read Replies (4) of 30712
 
Thanks, LG. I've been checking in on your stuff too.

Looking for a blow-off top here today to possibly COMP 1420-1425 and a re-trace. Full moon Thursday for those howling at the market.

The 1550 stuff is just a difference of opinion between what we're following and what other people are expecting. In 10-days 1550 will be made extremely difficult by the falling resistance line of the monthly COMP chart. We also have an indicator we've developed here that has marked the pivot high at COMP 1459 as a hard ceiling. Those ceilings marked by that indicator have not been breached after the indicator marked them, and we have to respect that until it is proven wrong.
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