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

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To: Rich1 who wrote (29678)4/2/2003 12:10:13 PM
From: Jeff  Read Replies (5) of 30712
 
unless we break down.....i consider that retrace over....

when a perfect pattern breaks.....you don't mess around with it.....folks found that out last november....

if this is a one day blip...no problem.....i had that gap fill factored in as a possibility....

right now this is more than a gap fill.....iraq defenses are falling apart fast.....you can't factor that in or the reaction to it.....

before today....no other news affected the retrace.....

this is something new...and its only a few hours old....

so nothing is confirmed yet.....

just giving the warning.....when you set strict guidelines....it doesn't take long to figure out when something changes.....
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