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 (17708)	11/30/2002 9:00:21 AM
From: Jeffrey S. Lillie	Read Replies (1) of 30712

i agree especially in an uptrend which we are most likely still in. But, if we are in the beginning of the downtrend then sto's can stay buried and run along 0-50 range for days at a time before a bounce above. Continuing with another ex. take a looksie at nov 19-20th. slow sto was pretty much buried at the end of the day on 19th, yet we gapped down and traded lower in first hour. COuld happen again. Your point is well taken. I am not trying to convice you we are going down monday. I am just pointing out examples of how we could and have go down more even at these levels. Personally i believe we try for the highs again on monday. jeff heres the link to chart we were discussing last night stockcharts.com[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][j6471083,y]&listNum=1

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