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Strategies & Market Trends : P&S and STO Death Blow's

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To: farkarooski who wrote (19120)12/9/2002 5:47:26 PM
From: Jeff  Read Replies (4) of 30712
 
Jeff #2, where is Jeff #1 ...
want to know if he changed his opinion


nope.....

i said dec...because of the helio will be ramps and dumps...

friday when others where looking for AV...i said this down or weakness isn't over till the downtrending full sto says so....again....it was another trailing full that wasn't being respected....

my 100 pts down...300 pts up is based on models i'm working on for 03....much like my retrace map.....

and for that to happen we need a weekly AV.....so this down part is bringing down the weekly sto's....and AV could send the market up for the 300 up.....

and since the daily sto's are oversold....they go up...it would create the AV on the weekly.....

now if the daily's start to get DB'S.....thats an early sign the weekly AV might not happen....

if we get weekly AV.....shorts will be destroyed worse than the AV we got on the dailies back in late oct early nov.

so shorts only better pray for DB on the daily charts....

the market is going to 700-800....but at this early stage in my new retrace...unlike last year when i started this thread i could see the major bottoms in july and october....well.....right now i can't pin down the timeframes yet.....

so i figure right now....if 1521 is the top....that 800 could come in either april or july.....

if we get weekly AV....the top can be 1700-1800 on this rally and the 800 bottom would be in oct 03 or 2004....

if i was a long only in this market...i would pray 1521 is the top and get this decline to 800 over with early next year....

because if 1700-1800 is the top....you have a nikkei deal going.....and shorting that top would be as good as shorting nasdaq 5000....because after that top its a long..long...slow bleed down with very little ups till 800....the best rally you would see would be like the august 02 one.....

in 03 i will not be posting another perfect roadmap to follow like i did in may 02........

so to all the a-holes who attacked me for being right....too bad....in 03 you don't get the safety net i gave you in 02.....<GGGG>
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