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: LTK007 who wrote (19031)	12/9/2002 12:22:06 PM
From: jjstingray	Read Replies (2) of 30712

I did not put in the broken blue line, stockcharts did. I think we will go and retest the highs at some point here in the near future. 5 waves down are bearish as they portend more down. 3 waves down are not as they portend a correction from the trend. My target is somewhere in the 1350/60 area for the down as that is about the 38% retrace from the highs from our lows. 1108 being our highs and 1521 or so being our highs.

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