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: Berk who wrote (7050)	9/13/2002 2:04:25 PM
From: Jeff	Read Replies (2) of 30712

dick.....back in may i timed out the bottoms for the last 3-waves down as july...october....and roughly next march-april for the washout.... to diverge from the retrace.....we have the 1459 top to pass... or on a retest of the july lows...they hold and the ramp off that low gets past 1300 again....that very likely could put us in the nikkei scenario....and will have to watched closely.... when we pierce the july low....that sets up all systems go for the snap back sucker run to 1260-1285 say....and the drop to 1000 area in october.... so setting up these lines in the sand....i think we can catch the divergence from the retrace alot quicker than 4-months..... at least i hope we can....<gg>

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