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: Justa Werkenstiff who wrote (23620)	1/13/2003 4:04:38 AM
From: sun-tzu	of 30712

Strong bullish feel after July low and October retest has recruited much long money. If I was an e-waver (which I'm not...g) I'd say we're completing a reactive 3rd wave -c- off of larger wave one down to the July low. stockcharts.com[m,a]daclyyay[dd][pb50!b200][vc60][iUh5,5!Lp14,3,3]&pref=G Great trading area at this point imho. I like the short play here because the exit is clearly defined. A close above the December high negates the current up as complete. Given the strength of the larger downtrend, I'll take this play short. This terminal move into a perfect head and shoulders top should be weak at the end. Am long RYTPX (inverse S&P with 2:1 leverage) (~)^(~)

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