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: ajtj99 who wrote (9561)	10/6/2002 3:57:08 PM
From: Jeff	Read Replies (1) of 30712

btw....we just witnessed that....with the sept low....we had the retest 9 months later in june.... now look what happened....most folks were too afraid to buy the sept lows...so as the market kept rising they were loading up in nov-dec...record inflows in jan.... they all finally bought the top only to watch it rollover again a slow bleed down for months.... but that still wasn't enough pain as record inflows again came in april around 1800..... then...as the retest finally came....folks loaded up thinking well...heres the retest.....looks like we get to ride the gravy train again from 1400 back over 2000.... wrong...."pierce".....that pierce was a major major warning.... the 32 "real" bottom was a higher low.... anyway.....if 700 comes....it will likely play out like 32 and of course the sept bottom.... retrace wise.....the pain won't end till next year at this time on a successful retest of the spring bottom....

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