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

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To: Jeff who started this subject12/12/2002 5:34:23 PM
From: exp  Read Replies (1) of 30712
 
IMO there are ONLY two possibilities for Dec/Jan on COMP:
stockcharts.com[r,a]dacaynay[d20010912,20021231][pd20,2!c50!c20!f][iup14,3,3!lb14][j8816447,y]&listNum=1
(1) either the current Dec 02 top is like Dec 01 top and we have another top like in early Jan 02
(2) or current Dec 02 top is like Jan 02 top and we go down from here like in Jan and Feb 02

Given the size and duration of this rally as well as seasonality, I still favor option (1), perhaps from a lower level and perhaps with a lower high like the one after May 01 top.
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