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

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To: Jeffrey S. Lillie who wrote (9751)10/7/2002 5:59:38 PM
From: Jeff  Read Replies (2) of 30712
 
if deja vu july would have stayed on course....we would have ramped out of this zone....before dumping below...

but as we were stuck in goo around 1130-35 today...

and i saw that 30 min d-blow coming.....i could see the deja vu would likely be broken...

so i went to plan b.....that was the slow bleed and i started looking at the voodoo geo flat area.....and i know the 10th is a better pivot point to work off now....

see....when a model breaks.....i go look for another possible plan......i don't stick with a broken model....

thats why at any point had the retrace broken course the last 6 months....i would have then went to a different path....we always were looking for the retrace to break....but it never did......the closest it came was at the 1426 top.....1459 was a major t-q that should have held....it did....and it had to pierce the 1192 bottom to avoid "sushi"...doing a nikkei....and it had to pierce the 200 month at 1177.....it did.....and here we are....

same on a smaller time frame....deja vu july worked perfect through cycle 1 and 2.....we just made a cycle 3 low friday....but made another lower low today....so that right there broke the deja vu when we didn't ramp out of the battle zone 1130-50.....

so....broken model.....find another.....

major retrace model still working.....goo model got a new paint job today....<gg>
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