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Strategies & Market Trends : P&S and STO Death Blow's
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To: LTK007 who wrote (18563)12/6/2002 9:16:09 AM
From: DebtBomb  Read Replies (2) of 30712
 
just an observation, last dec. spx did dump to lower b, then bounced, lower b is 874, that does look like a logical bounce point, imo

nas did not dump to lower b last dec., looks like it dumped to just below bb simple moving line

indu didn't dump to lower b either last dec, but got close, so about 8400 sounds logical

i doubt nas 1300, i'm thinking about 1380

looks like the open will give us about spx 894

many times, massive gap downs are buys, ggggg

so......i'll dip some, ggggg
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