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

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To: JRI who wrote (23703)1/11/2003 9:11:11 PM
From: augieboo  Read Replies (1) of 30712
 
if this is a huge (up) move coming...maybe one more surge up, and then some pullback still in order to get sentiment indicators reset...

That sounds right for the bullish case. The thing is that the boyz have proven recently that they can reset the sentiment indicators via very small down-moves which barely even register on daily charts.

the bear argument would see some hard down after any near-term up

And that sounds right for the bearish case.

With OPEX this week I think it's a very dangerous environment in which to hold ANYTHING overnight.

JMDO,

augie
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