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


To: profit_guy who wrote (3052)7/2/2002 1:31:13 AM
From: Jeff  Read Replies (1) | Respond to of 30712
 
...what do you see as a top in july?

might have seen the high for july already....depends on options paint if there is any this month.....

paint won't effect the retrace.....like i said last week....after each options paint or window dressing paint....the retrace kicks back in...

...so, just to understand, you see a pierce and sucker run from 1375 to 1425, or 1350 to 1400?, and then the bottom falling out on the bulls and bears?

i'm just looking for major pierce and suckers....next in line are SPX 944 and nasdaq 1357....

just think why the final phase of this bear will be so brutal to all....bulls won't give up catching falling knives because each new low will look like too much of a bargain....

and most shorts will be too scared to short....so they have no choice but to sit out or chance the knives....but to them also...each new low will look just to good not to buy it....

brutal...