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

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To: Lone Ranger who wrote (10496)10/13/2002 1:53:22 AM
From: Jeff  Read Replies (1) of 30712
 
I added to my shorts today. At your convenience, would you post some significant numbers that would negate the retrace scenario. I believe it was 1459 for the comp?

well...it was mentioned to watch for any targets over 1200 that would get a double top breakdown....

we had one friday at 1220....that could be DT to the 1222 top....

above that we had a 1239 top that lead to the big dump...

above that a 1242 t-q 5 top.....

above that a retrace 1269 top....

above that a 1294 225 month ma possible top stop...

above that a 1340 area possible top...thats solely based on the max retrace error to date of a 6% miss off the 1269 top....

and of course retrace major top at 1459.....thats the only one that truely negates the retrace.....
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