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: ig who wrote (8229)	9/26/2002 9:14:23 AM
From: Jeff	Read Replies (3) of 30712

well....the worse miss on the retrace is 6.5%.....so from the 1269 top....thats about 1351..... nasdaq pierced the 200 month ma at 1177.... all semi stocks are in sucker runs from fresh new lows....new lows get tested again....the pierce of 1177 shows the 200 month is no longer support.....since all these long term trend lines get pierced....they move down to the next support like clockwork...next is 225 at 1076....and 250 at 992.... we are in a sucker run here.....near end of month.....we are nearing the final washout phase per the 32 end game.....t/a will be less reliable down here....because as in the final blow off top to 5000 the indicators where screaming sell.......but the market just kept going up....well now the indicators should be screaming buy while the market keeps drifting down..... retrace over.....not even close....

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