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: Lone Ranger who wrote (8511)	9/28/2002 3:06:20 PM
From: Jeff	Read Replies (3) of 30712

btw....about the retrace...... pull up our backwards charts..... and now think of a freight train going down a mountain side with no brakes.....get the picture.... nothing can stop this right now at this point.....sure...it slows down at times and heads back up those hills you see on the retrace....but once it gets to the top of those peaks....it rolls over and heads right back down again on the same path.... now...what would stop a speeding train coming down a mountain.... i figure....it would take a long flat zone so the train can gradually lose its mojo... well....we are not there yet.... you will see a long flat around 1000 area.....that will slow us down....thats the first area in 2 1/2 years that has a chance to stop this train wreck....but....thats after the first hit of 1000 and ramp back to the next hill 1250 area..... ok.....thats the last critical point left on the retrace...the next high off the 1000 bottom.... if we roll over that hill.....be very scared.... because that train is going to slow way down on the 1000 flat again.....and if it doesn't stop there....well...theres no more steep hills.....but its a long gradual slope to the next flat....thats 700..... that will be the slow bleed....the killing field....where the remaining bulls and new bull bears get funky t/a that keeps them buying as the market or that train slowly grinds to a halt..... so is the retrace over....nope...just because more believe in it can it stop.....nope.....thats like believing just because a few folks believe it.....but now say hundreds believe....well....what difference does it make whether you have a few folks or hundreds standing on the train tracks......that won't stop the train coming down the mountain with no brakes.... this thing has to stop itself.....

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