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

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To: Jeffrey S. Lillie who wrote (13536)11/4/2002 6:00:59 PM
From: Jeff  Read Replies (3) of 30712
 
just remember....within the anti-venom...there will be dumps.....but those normally will get bought early in the AV to close up positive.....that happened last week.....

until the AV rolls over.....anytime the market goes negative....watch for a turn for a positive close....

same for d-blows....any ramps to positive should be shorted as the close will likely go negative to keep the d-blow alive....

you have to watch close intraday as those situations develop.....thats why shorts get squeezed alot in AV.....and longs become bagholders in d-blows.....

also....all the crap that ran....better watch those as they dip.....if they start getting AV on the daily charts....november could ramp more.....crap getting AV is a strong sign this rally would run much higher....

anyway...if dow spx break todays highs....nasdaq could shoot for the 200 day ma......

just remember....theres no backwards charts to follow anymore like we had up until a few weeks ago.....you better take current t/a and listen close now.....thats why i was serious about the AV last week.....everything says this should not be running up like this.....

but AV said it would keep going up......AV rules all....just like d-blows will tell you good news doesn't mean a thing....the dump will keep going....<gg>

folks will learn not to fight DB's and AV.....its a losing battle.....
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