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: sun-tzu who wrote (26213)	1/25/2003 3:03:17 PM
From: Jeff	Read Replies (1) of 30712

well....just like the guidelines of the retrace said back in october...if we were in the high 1200's on that options friday....the retrace was in trouble...we were...and the retrace got busted.... for this part now....the lower we go on this dump.....the less likely for worst case up to 1700's..... depending on when this stops.....theres a chance for the 1270's to 1470's run....for a DT.....and a march high.... its all about a march-april high or low..... doesn't have to be 1700's...could be 1400's for a DT..... knowing how the threads work....if its 1400's....most would think that as a low and be looking for a ramp into summer....it would be "high".....and like last june....most would get toasted again on another big dump.....

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