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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 (2437)6/17/2002 2:06:41 PM
From: Jeff  Read Replies (3) | Respond to of 30712
 
i was gone for the weekend....

besides....as i said last week....i saw the major pierce i needed to see.....the one that leads to the abyss...

but first the sucker run....

the problem is.....everybody is a daytrader and they forget whats really happening....

i could care less from day to day....i have the big picture all laid out.....and have had it called right from the 1832 top when i decided to post again.....

everybody is wrong from day to day here and on every thread...thats why so many daytraders fail...

if you look at the big picture....thats where the meat is...and thats all that matters.....

sucker runs can go a long way or run and die fast....but they all go back down to new lows.....

i noticed reading some threads this morning that many were finally talking about the 1929-1932 comparisons....

big deal.....its been doing that retrace for 2 years now....and folks are just realizing that.....just shows the attention span of folks on these threads....

now we get a little ramp..really a sucker run...and folks will forget about the retrace again....get sucked in to the games again.....and will one day again see this tank hard to even a lower low....



To: ajtj99 who wrote (2437)6/17/2002 2:15:11 PM
From: LTK007  Respond to of 30712
 
MSFT has broken hard down from an intraday ascending wedge. max



To: ajtj99 who wrote (2437)6/17/2002 4:13:20 PM
From: LTK007  Read Replies (2) | Respond to of 30712
 
based on COMPX 30min chart i am saying down we go tomorrow. 30min closed at 92/92. Could spike at open, but would be, "that's all folks", soon after. Same goes for SPX, even more so. 30min closed at K-97 D-95.