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

To: Mike M who wrote (3189)	7/8/2002 6:07:41 PM
From: Jeff	Read Replies (1) \| Respond to of 30712

I suppose so Jeff. Only when we reach "the bottom" will we recognize it? Or, merely view it as the depths of Hell from which another devastation is soon to unfold... best part about the retrace.....it gives you the guidelines of tops and bottom area's....once you get close to those area's you can put your other ta indicators to work.... and its on a historical timeline to finish the retrace....so if the bottom should fall within 9-months and in 9-months you are near 800....you might have yourself a good bottom....its a better guess than most folks will have... P.S. if everyone were to buy into the retracement, then it wouldn't retrace... if thats the case....wouldn't it be in the best interest of the bulls to plaster the retrace all over t.v and on every media they can find.....why don't they.....