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 11:14:22 PM
From: KevinMark	of 30712

"Am I the only contra-Retrace heretic here with TA to back up his ideas?" Probably. But, I'm looking at the following indicators to guide me: Nasdaq New Highs and Lows, Nasdaq Summation Index, $BPNYA, and $BPNDX:$VXN, amongst other things. It's pretty obvious what it's suggesting for the remainder of this year. Besides for the past 2 years January has been the high for the year. I expect that trend to continue in 2003 after one more short squeeze ball buster rally, which imo is underway. I like how they crushed the storage sector today while the COMPX closed in the red by less than one point. Watch storage run like the wind in the weeks to come. This is truly a buying opp in the that sector after the pigs fatten their bellies with enough shares before the final end of year ramp.

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