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

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To: Jeff who wrote (13516)11/4/2002 5:30:55 PM
From: Jeffrey S. Lillie  Read Replies (1) of 30712
 
Hi Jeff,
I would like to thank you for the TA. Anti venom and Death blows are serious TA tidbits that all should be aware of.

as for the aug highs in dow and spx, we will need a bit more retrench before we can take a shot at those. This afternoon came as a shock to me. I thought we had a close near the highs. One thing that has changed since this month long moonshot started is we are getting real selling. Something that was not allowed in first week to week and a half. Will we get more in the am. Who the fuck knows. I felt strongly that we would go higher than todays highs tomorrow based on some historical stuff i have been working on. Then we dumped in last hour or so. Will need a healthy ramp to get above todays levels. That said, we do live in the land of the gap up.
Thanks again,
jeff
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