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: Jeff who wrote (23676)	1/11/2003 11:16:48 AM
From: profit_guy	Read Replies (2) of 30712

jeff, using the SPX as the proxy, it appears that 940-960 will offer formidable resistance, and thus could signal a local top for all indices...and in conjunction with the big picture H&S it would appear we shouldn't go much further? (since i don't believe we are in a new bull mkt, i would think that the 40 week moving avg will continue to be strong resistance)...thoughts? stockcharts.com[w,a]daclyyay[dd][pc200!b200][vc60][iUb14!La12,26,9]&pref=G stockcharts.com[r,a]waclyyay[d19950111,20030111][pc40][vc60][iUb14!La12,26,9]&pref=G

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