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: Win-Lose-Draw who wrote (16298)	11/21/2002 1:26:03 PM
From: mishedlo	Read Replies (1) of 30712

The problem is decay, the January bounce, and god knows if the top is still in. Dippers have been retrained and when we start down it may feel more like Dec-Feb of last year followed by the March bounce. It would be pretty sad to fall from 27 to 21 and lose nearly 100% and I think that is possible. 19 is just too damn far out of the money IMO. That is my opinion of course but we have not even shown down for more than 2 days in a row. Yes it is likely to change but 19 is along long ways off with sentiment that will probably not die that easily. M

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