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

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To: LTK007 who wrote (25548)1/22/2003 6:10:26 PM
From: Jeffrey S. Lillie  Read Replies (1) of 30712
 
Godfrey,
good info. one thing ive noticed for both tops and bottoms is they require a run in with bb, then a move away then anothter run in. 2 is the min, sometimes 3 hits.
i just studied past 60 min charts. we have similar setups to dec 6th and dec 31st for ndx. dec 23 is close but those two are dead on. Herein likes my dilema. on the 6th the ndx dumped huge losing 4.8%. on dec 31st it rose huge gaining 4.42%. the 23rd it rose 1.86%. so data is far from conclusive, but it says we could go up or down huge. That was worthile use of 20 min (NOT!!!).
j
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