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


To: augieboo who wrote (634)5/20/2002 2:10:15 PM
From: jjstingray  Read Replies (1) | Respond to of 30712
 
That being said, I think it is bearish that we are already at his target. Leads me to believe that maybe we see 1653 in the next two days.



To: augieboo who wrote (634)5/20/2002 3:11:19 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 30712
 
Augie: Re: "That would also fit with Zeev's prediction that this first leg down, i.e., pre-Memorial day, will be 'stealthy.'"

I have yet to see a "stealthy" decline off an evening star over the past year and/or a distributional top. Probabilities are with "hefty" and not "stealthy <g>."