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 started this subject	1/22/2003 5:11:53 PM
From: exp	Read Replies (1) of 30712

went long spx in profunds...still long spx (from 1/21) and also long some sox in mut funds.. ndx/comp/sox could have more downside...yet 5 down days in a row means we are pretty oversold (check Les's scans tonight).. could sox be more oversold than ndx which is kept afloat by btk, nwx, and gso?...btb was not bad imo... spx/dow again followed bkx today...down...very likely spx bounce not much lower than here.. of course, that's what i said yest...is there such a thing as 5 black crows?..<gg> vix closed at 32...might/should reverse...soon..temporarily though... vxn/qqv still way too low...so is equity p/c... those divergences between vix and vxn, equity p/c and qqq/spx open interest, etc. are too much... trinq/trin both 5th day at 1 or above...one of these days we'll get a bounce out of those high readings, no?... tnx falling...so they are shifting into bonds.. usd/gold/oil..the usual..no good news there for sure... xau ascending triangle...pog 400 in the cards?.. osx impressive intraday reversal as well..usd holding 100..barely.. ...and the clincher is...dow/spx red for the year... ndx/comp/sox still green..till tomorrow?..<gg>

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