Win Lose or Draw : Be A Steve, Make A Call Message Board

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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: HoodBuilder who wrote (3708)	2/25/2003 7:54:50 AM
From: sun-tzu	Read Replies (1) of 11447

i agree, this is one of those instances where certain TA indicators may help to keep you on the right side of the tape. oversold stochs can stay oversold in a downtrend and vice versa. i thinks jeff's (not steve/jeff) death blow system is a classic example of this fact....which i now follow. i'm staying short too, but will probably trade out of my RYTPX position at some level near the october lows. a logical bounce point exists there. currently, we are setting up for a trade at those levels. we'll see...subject to change of course. fwiw...i anticipate a significant breach of the lows in the near term.

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