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

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To: ajtj99 who wrote (19361)12/10/2002 10:40:48 PM
From: Jeffrey S. Lillie  Read Replies (2) of 30712
 
ajtj,
The full sto on ndx chart was where i came up with the crazy scheme from my post to you last night. for a good pivot bottom the full sto needs to get to 10 or less. it closed today around 16 down 4 or so on an up day. a down day gets us to 10 or less. in the other instances over last 6 months where sto has gotten to that range, we have closed on lows and gapped up and ran on one occasion. The rest have followed a similar pattern where they are up on 2nd day (just like today) then down to a lower low on next day (tomorrow). since the bollingers are so close, what better area to target. just a bonus that there are so much other stuff in same range on ndx.

as for the sept 2-4 days, that is EXACTLY what i have beenlooking for. got the first part today now we just have to dump wed. if we do i go 100%long as mentioned earlier on some thread.
j

To:ajtj99 who wrote (19176)
From: Jeffrey S. Lillie Tuesday, Dec 10, 2002 8:41 AM
View Replies (1) | Respond to of 19362

well europe came thru like i felt it would last night. odds are great that we are up today and pretty damn good that we give it all back plus more on wed. so, weds close should make a better swing long entry (4-5 days) than the am today. Now if we open positive and dump about 10-20 ndx points then taht should be bought and held for 4-5 days. the lenght of hold depends on how vigorous the bounce is
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