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

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To: doc who wrote (11321)10/17/2002 12:56:53 PM
From: Jeff  Read Replies (4) of 30712
 
no....if MSFT dumps the market....with that t-q reading setting a major top......these highs won't be seen again till next year...

if MSFT ramps the market....and it spills over into next week.....shorts are toast....unless they retrace some of this ramp and retest that 1108 low.....then the ramp would continue after the 28th and into november.....

right now...they are making this "look" like oct 98.....with that 1108 lower low not being retested.....but that was a bull market.....this is still a bear market....

stockcharts.com[h,a]daclynay[d19980817,19981117][pc9!c13!c20!d20,2!h.02,.20!c50!f][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll14!Lo14!Lb14!Le5,10,1]&pref=G
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