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


To: Jeff who wrote (414)5/16/2002 4:39:00 PM
From: jjstingray  Respond to of 30712
 
Definitely a head and shoulders on that chart. This has been the most unusual options expiration week I have seen in a long time. Maybe this is the next bull market. Once all of us bears start saying that, the bulls will lose. The bears will start throwing in the towel.



To: Jeff who wrote (414)5/16/2002 4:54:28 PM
From: jjstingray  Read Replies (1) | Respond to of 30712
 
Well Jeff, it looks like they are going to run this up tomorrow. After hours is looking strong and there is no reason for them to keep this going considering Max Pain has already been accomplished. I think this will get more bears to capitulate.



To: Jeff who wrote (414)5/16/2002 4:55:46 PM
From: Lone Ranger  Read Replies (1) | Respond to of 30712
 
Jeff,
So far that triple top on amat hasn't broken. I added to my short funds today. We have been, and are in, an objective bear market in the comp and spx. This quick return of bullish fervor in an established bear, is curtains.imho