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

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To: Win-Lose-Draw who wrote (25815)1/23/2003 4:32:58 PM
From: LTK007  Read Replies (4) of 30712
 
<<something tells me there is a rally in here somewhere waiting to surprise the maximum number of people.>>




i think Bush saying "well on second thought i think i will give U.N.inspectors the extra time they want" would cause a shocko rally-ho.
Only other shocko rally i can see is a major PPT move to get people to think more positive about the war but i don't think they will, they need all their ammo for when and if the war commences.
The TA is showing lack of buying dynamic rather than the intense selling that typifies a significant rally ahead, imo.Max p.s the trins and ticks not at pre rally ho levels and put/call ratio is in neutral zone.
So based on indicators only i have no reason to see a rally ho except for some major positive catalyst.
Again i don't use "the something tells me " method:), which can, 1 in 10 times be SPECTACULARLY RIGHT.:) Max
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