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: Jeff who wrote (9750)	10/7/2002 5:40:35 PM
From: Jeffrey S. Lillie	Read Replies (1) of 30712

My bad. I thought the dump from 1200 plus was to bounce off your 1130-1150 range towards 1200 again without penetrating. So we have now peeked below the abyss and pieced the range. We now look for a rally of some sort (1170 ish?) and further tests of that range. Well if thats all we are going to get, I can give up on getting 1200 -1250 for my puts. Kinda pathetic how lifeless this market is. Rallies met with selling time after time. If I can be so bold, I will guess that the next one ( perhaps tomorrow) will have some staying power. Lets see, that would be about 1.5 days. jeff

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