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 (23118)	1/9/2003 11:19:11 AM
From: Jeffrey S. Lillie	Read Replies (1) of 30712

take a look at the similarities to dec 2nd area spx 60 min chart included. preceeding the 2nd you have a rally, then pullback to 20 line on sto then bounce strong taking out prev high on a closing basis. gap up and PURGE thyself of all bulls for a month. if we close at or above the highs in spx/ndx i will get short via funds today (subject to waffling and chickening outlater. today needs to close strong for the bullish case. if we pullback and close at half of todays rise, then i believe top is in. the correct thing to do would be to wait and see what happens so i may be smart this time. basically it is too early in the day for firm plans (ggg), but i thought you would like to see the chart anyway. stockcharts.com[r,a]eaclynay[d40][pd21,2!b169][iue3,55,5!up13,8,1!lb14!][J7899850,Y]&listNum=8

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