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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (65543)	2/6/2003 5:41:03 PM
From: John Madarasz	Read Replies (2) of 209892

theres a couple different things that say the possibility of a short blast here exists... If we have a strong day tomorrow, and a couple other indicators line up...i think we could be in a situation where the possibility of a short covering rally puts us at the top of the range near 855-865 by next wednesday/Thurs. Then the bigger trend exerts itself back down into the Feb 2oth Option Expiration Bradley lows this would be too good to be true if it happens, poetic, that's my play tho, too long in tooth to chase down here hoping to catch a waterfall, no risk reward a really bad day tomorrow and a close on the SPX below 830-825 could be very negative imo 27 Trading day turn comes tomorrow , this cycle has a +/- 3 trading day variance per analysis of the Master...Stan Harley.

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