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: orkrious who wrote (9523)	10/6/2002 1:48:30 AM
From: Jeff	Read Replies (2) of 30712

well...as you know...most targets are talked about way in advance here....and as they approach you watch and see what the t/a looks like near the targets... we talked about that 1177 pierce in the summer...said it had to come for the retrace to go to 1000....as we approached it....bingo....pierce to 1169.....that right there set in motion the next phase of the end of wave 2 down... 1130-50 area was talked about endlessly a few weeks ago....here we are.....the battle zone... now when you get between the peaks and bottoms on the retrace....anything can happen.....we call it goo.... we are in goo now.....but to help guide us through this goo....i went back to july to take a look see....and low and behold....i saw a similar pattern.....called it deja vu....mapped it out in advance....and the pattern worked "perfect" this past week....in that pattern we are in the 3rd cycle low area.....there were 4 cycles before the bottom fell out to the july low.... now if that pattern holds....we would make a lower high than 1222....likely below 1200 or just above....then drop to a new lower low than 1135.....from there the options sucker run to maybe a double top area over 1200....then the bottom falls out to 1000.....thats the perfect deja vu cycle.... the perfect time frame that was set this summer called for a low near the end of oct...the 23rd-28th...theres only 2 trading days difference between the 23-28....then a ramp and retest higher low around nov-6....then an august like rally in november from 1000 to 1250 area...with a top near nov 29th....then lights out and a long slow bleed to next march-april with a 700 area low.....that would be the perfect retrace scenario..... so far that hasn't changed..... all the cycle and timing gurus have oct 22 as a low...if the retrace stays true...they would all be clown long before a major dump to 1000....as oct 22 would be a high... anyway.....right now everything is still on time....we are in an area we should be about now.... but the best part about the retrace is...we are already prepared for the worst case....so we know we can either stick to the time frames or the number targets..... so in an area of goo....be prepared for anything....but we know its going to 1000 area and likely a pierce of the 250 month ma at around 992....so if it happens soon or within 3 weeks...either way we know its coming....but for now the time frame is still on schedule..... and that pierce of the 250 month would signal 700 is coming... so there it is...this stuff has been talked about forever here.....anybody can take that retrace chart and time it out for themselves and see what they come up with..... the thing is working whether folks believe it or not....and even if i wasn't here....its still going to do it....all this is about a bubble retracing and nothing else..... i suggest folks take the time and do your own retrace schedule....its not very hard to do..... i did it....and i'm nothing special....<g>

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