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

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To: Jeff who started this subject9/17/2002 11:00:26 PM
From: Jeff   of 30712
 
i know its not the perfect set up.....but we do have a possible engulfing candle....

stockcharts.com[h,a]daclyiay[da][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G

same as the one at 1400 except we didn't have the up day before it.....

anyway....if the close tomorrow is below todays close....beware......you may get toasted as this morphs into a three outside pattern.....

heres the engulfing....

litwick.com

heres what it could morph into....

litwick.com

you can see the one at 1400 did morph into that and lead from 1400 to 1251......a similar result would get us to our 1172 target.....
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