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: Jeffrey S. Lillie who wrote (18595)	12/7/2002 9:14:50 AM
From: LTK007	Read Replies (1) of 30712

edited:Jeffrey said on my advising him that the SPX Daily had broken to RSI45 in the first 1/2 hour of trading on Friday<< music to my puts ears, now why did i close the RYVNX the other day. left a lot of coin on the table j >> i now i have to say the PPT action was a brutal success. RSI Daily SPX closed at 50. TA be but fingerprints, foot prints, and nothing else. The fingerprints all over the tape for Friday were PPT fingerprints , and this says there was a concerted effort to hold the market up yesterday, but the deeper question is "the why" did they? But this is critical to TA, read BEHIND the charts, what are they telling you???? There are sometimes major stories behind those swiggles and squiggles, really:) Max edit P.S. Jeffrey the action yesterday was an unnatural action and thus my charts have been "f----- with" and i have to now review everything, but everything--that gets me irritated:)

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