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 wrote (6166)	9/3/2002 10:23:37 AM
From: ajtj99	Read Replies (1) of 30712

Well, this is a tough call right now. We've got a gap at 1346 which may not get filled, and now we have a t-q top at a lower level. Where does the drop stop. The t-q top should give us some insight into that. The reason it is important is the re-trace has 1250, but we bounced 15-points higher at 1295 COMP. That might translate into a 1260 COMP bounce going to 1340 or so instead of 1328 as the re-trace shows. We've got some new issues to deal with with today's indicators, however.

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