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 (24281)	1/15/2003 1:11:39 PM
From: Jeffrey S. Lillie	Read Replies (2) of 30712

i dont know the official rules on drawing trend lines but the one that goes thru 1055 is not one i would draw. as i see it the wedge has been broken (minor so far), but broken. 60 min stos could be ready to turn up as of the close today for indexes. doesnt mean we bounce, but that we could and it could go for a couple days. i will most likely close all my puts out today and go flat for optins. i may keep a handful for 908 spx, not sure yet. that will leave me in cash or the RYVNX opened up at a close of 1076 a few days ago. j

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