P&S and STO Death Blow's Message Board

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

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To: ajtj99 who wrote (13762)	11/6/2002 2:53:41 AM
From: LTK007	Read Replies (1) of 30712

if futures build up steam from where they are now get ready for ANOTHER major gap-up and then run. I suspect we will know by about 2:45pm whether they are going to blow this rally right to the 200ma. I have futures at the moment plus 9.5SPX plus16.5NDX at 2:15am EST. Momentum has gotten an extra load of fuel tonight. It is frenzy time in my opinion. Max P.S. Yardeni has announced that a bottom can NOT be achieved until people finally realize the tech sector is dead . But they, LTBH tech average downers, that keep the techs alive will not quit buying until they are broken financially and have no more money left to invest. This addiction i feel is unbreakable. Those that got buried still believe they will see 5,000 again. Believe it or not i have a friend who has lost on paper 2million dollars, who has been shoveling every bit of cash he can get to load up now on techs. I can not get reason to him, never have; it really is a lunacy. He is a nice guy by the way, and with a Masters in Mathematics. That is why i avoid the term J6P as i have witnessed stockmarket fools at every level of society.JQP is everybody, that is why i stick with that term. BTW those doing well swinging this long-side, have fun.:) it is your party. Just please know when is enough. Max

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