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

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To: Jeff who started this subject1/11/2003 1:41:32 AM
From: augieboo  Read Replies (5) of 30712
 
My Nasdaq Charts for the week.

My overall impressions:

1. I think we are about to retest the Dec. 2 highs on both the COMP (1521) and the NDX (1155).

2. A Max Pain failure is starting to look almost likely. (I note also that Max Pain is now at QQQ 26 or ~1040 NDX.)

3. I see about a 30% chance of exceeding the December highs.

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