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


To: Jeff who wrote (3102)7/2/2002 11:22:02 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Thanks for the opinions, Jeff. I'm just trying to rationalize Max Pain at QQQ 27 and the re-trace at this juncture. On the chart, the retrace seems to indicate we should drop to 1200 then rally to 1400. I think that must happen in August and not July. July maybe we're stuck in mud in a 1330-1415 range or so.

Anyway, after looking at the holiday and where we're at, I've decided to keep my USPIX in and not try to play a bounce, as you've got 3-days after going in before you can change your mind, and any bounce may not last that long.