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

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To: ig who wrote (8910)10/1/2002 7:45:15 PM
From: Jeff  Read Replies (2) of 30712
 
well....last major t-q top was 1459.......thats the ultimate top still....

weekly d-blows....something the bulls can't see....or for that matter new bull bears....

each ramp in between major peaks has brought out the retrace is dead crowd.....they got toasted...

in order to end this bear market.....bears have got to turn into bagholding longs because the longs are being wiped out daily....

in order to get bears bullish....the t/a has got to trick them into buying....

we just saw that as they are using the spx 74 model as the smoke and mirrors....

so....the 2002 bears are about to find out what the 1932 bears did before they got toasted....

i'm just going by history here.....because it is the only guide into a bubble retrace and how it ends.....
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