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

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To: Jeff who started this subject10/14/2002 5:11:23 PM
From: Jeff  Read Replies (2) of 30712
 
for those building shorts here over 1200.....the danger is them painting this to high side max p......

for reference thats like INTC at 17.50 and CSCO at 12.50....

the highest point in this retrace zone was 1239 so far....with t-q 5 top at 1242.....

if that gets passed.....be cautious on shorts....

they have lots of earnings they could pull wild ramps on.....and getting to high side max is still possible....
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