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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (189)	5/14/2002 12:42:17 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

my first thought on that gap last month was that it would be saved for the high near the end of a summer ramp.... then we broke lower to 1500's....so my target came down... but now....my first targets are almost back in play....but this is all b.s for options....so once the smoke clears...the real moves will start.... and this "rally" is riding on lots of air now with two gaps lower.... once the down starts...the bottom should fall out fast... the NDX lost like 176pts in april.....i have a chart that shows it could drop that many pts or more in may and early june.... but the need to get to max pain trumps everything for the time being.... might as well just show up near max pain each month....trade the direction the crooks need to go....and take the rest of the month off....:-)