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: ajtj99 who wrote (21943)	1/2/2003 7:48:00 PM
From: Jeffrey S. Lillie	Read Replies (1) of 30712

aj, looking a bit closer into the sox situation, i see that all that is between todays close and 320 is the gap down of a few weeks ago. that should allow the sox to shoot right back up to that area if the market gods are happy in the am. i have 50 ma at 316.6, and past resistance areas of 320,325 and 330 as likely stopping points. i will gladly take anything in 316-325 area to sell the lonely call. j for spx i see a stone wall 30 feet thick and 100 feet tall at 920-925 spx for any possible surge in am. this is also very close to my long ago pivot high of 930 so should we get there, i will wave my magic wand and turn all my calls into puts. j

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