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

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To: Jeff who wrote (11449)10/17/2002 7:43:21 PM
From: orkrious  Read Replies (1) of 30712
 
now...was that 1108 the 1017 retrace...i don't know....but i do know...both bottom misses of near 100pts where very similar in gap and ramp b.s in both may and now october....

what's interesting is that 1560 was 100 points above where the retrace had us going, but the top was close at 1759. If the same thing happens here, it means the killing zone is dead ahead...a straight drop to 700. given the deteriorating business conditions, that sounds just about right
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