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


To: ajtj99 who wrote (267)5/14/2002 9:22:39 PM
From: ajtj99  Respond to of 30712
 
One thing I notice about the charts from 2000 was how easy the tops are to spot. Every one of them has evening Doji stars. If I only knew T/A back then...... <G>.



To: ajtj99 who wrote (267)5/14/2002 9:38:40 PM
From: orkrious  Read Replies (1) | Respond to of 30712
 
aj, I have no idea if this is significant, but that high at 3982 was not an options week.

ork



To: ajtj99 who wrote (267)5/14/2002 9:48:10 PM
From: Jeff  Read Replies (2) | Respond to of 30712
 
i picked that 4200 top because it was never passed again...and the first walkdown was more stable like the walkdown from 1946 was....and 1946 should never be passed again in the near term anyway....

the fireworks then started after both stable walkdowns in a similar fashion....and after the walkdown and fireworks from 4200...a new trading level was established much lower..

off the 5000 top...the fireworks were fast and furious from the get go....

not that any of this matters....but just seeing the fireworks again after slow bleeding tells me a big move is coming to another trading level...