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

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To: ajtj99 who wrote (26296)1/27/2003 2:19:22 AM
From: 16yearcycle  Read Replies (2) of 30712
 
Yeah, I am starting to lean to covering tomorrow, because I am seeing a lot of things that suggest the run won't be small as everyone thinks. You and I have covered 4 scenario's, early and late Sept 02, last January and last April, and in each case there was a big move. 6% pop minimum on a closing basis, almost 10% intraday. This is way more than I expect. Can't imagine what could do that. Maybe big and over fast and then steady drive down until bullets fly. Maybe we drop 30, and then run back to 1420 by the weekend. Really, I would be amazed that we could rally that much, but there is a lot of news coming.

Yes, there is no reason for a move. They happen anyway.
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