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

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To: Jeff who wrote (30072)6/8/2003 9:22:03 AM
From: orkrious  Read Replies (1) of 30712
 
i made that post because i had targets on the nasdaq through a certain "weekly" ema at 1668 and one on the "weekly" spx at 999 as targets for the fast nasty to start...they are pierce and sucker points

jeff, is there a way you can distinguish between a P&S and a final blow off before a trend reversal? in other words, how can you tell (in advance) that friday wasn't the top and the stos don't AV on the way down here?

tia

ork
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