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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 (583)5/20/2002 8:46:10 AM
From: Jeff  Read Replies (3) | Respond to of 30712
 
with the expected gap down....the trend reversal candle is now in play.....

stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G

looks like the bad news last week that got ignored for options paint....

will now be bad news....<ggg>

the two big semi stocks AMAT and INTC under triple and double tops...just like after aprils options....

so far....if you look at that chart....same candle and reverse down after each options now in march..april and may....

now...we see if it holds like the others....



To: ajtj99 who wrote (583)5/20/2002 9:50:28 AM
From: AD  Respond to of 30712
 
right, ajtj--and the btk outlook doesn't get better
marketwatch.com



To: ajtj99 who wrote (583)5/20/2002 9:51:51 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30712
 
AJ: BTK, with the exception of small time frames of divergence, has had an excellent correlation with the NDX since the September "lows." Much better than the Sox. We are in a period of divergence now where the NDX is outperforming the BTK on the upside but since December those have all been resolved in the direction of the BTK -- down.