SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (2722)6/25/2002 3:09:37 AM
From: Jorj X Mckie  Respond to of 30712
 
You think that was dipsters? Maybe toward the end of the ramp, but I think saw a little 'Deux ex Machina' action (that would be the PPT), followed by some short covering and then followed by some bulls fearing that they were going to miss the rally.

I think that the "boys" are putting up a line of defense in front of the sept lows and I think that is what will assure my scenario of "slicing through the lows like jell-o". One of these times, the PPT is going to decide to not catch the falling knife and a few more shorts will have been taken out of the picture and the remaining longs will finally decide to throw in the towel and BANG!!! seeya September lows.