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: DebtBomb who wrote (24731)	1/17/2003 9:09:27 AM
From: Jeff	Read Replies (2) of 30712

and dippers getting smacked around, last wed., this mon, wed., and yesterday, i faded them all, and fri. pre market too, gggggg don't know how you can argue that when just yesterday we were 17 pts from the year high...... anyway....i agree on the carnage coming.....but its all about timing it.....its no good if you are short two months before the top..... for me its all about a march-april top or bottom that sets up the rest of the year.... i have things that say it could be a top....and it looks now like they will at least try to keep MSFT strong going into feb-march...so that likely rules out the 800 or 1000 bottom in a few months..... so the worst case top is of course 1700......but i also have a bottom target of 1270 that still holds the bull case intact......so even if we dumped to 1270's and ramped back to 1460's -1500 by march.....it would still screw shorts and be a top and not a bottom in march.... i would rather be late to the party....then be 2-months early and getting toasted.....

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