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Strategies & Market Trends : E-Mini Pit

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To: the-phoenix who wrote (5747)	8/21/2002 11:35:36 PM
From: jefe12	Read Replies (1) of 11288

Pheonix, I'm seeing a lot of people calling for a top tomorrow around NDX 1045-50 and Nasdaq 1425. While I realize when everyone is set on that number that could make it happen or if the PPT wants to take control it wont happen. My question is assuming we do crash and burn and it doesn't happen precisely at one of those levels(which are pretty close together), would you think the crash would start before we get to those levels(thus everyone who was waiting missed the train down) or would we shoot over those levels to fool everyone(maybe shoot way over and play back and forth down to that levdel a few times and then wham). Just wondering with your 2 methods you've pointed out what does past experience show... if it aint right on will we shoot over before the fall or will it start before we get there? I realize you might not really have an answer to this

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