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


To: Dnorman who wrote (3192)7/8/2002 11:54:47 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
i hope they follow it too because this is the part of the retrace that will make the smartest t/a folks eat crow on their calls because just like in a bull market where most of it is played out in overbought condition...thus folks keep selling to soon and miss the big runs.....

well....this part of the retrace will be played out in oversold...thus folks will keep buying and buying and catching knives because they think it can't stay oversold.....

and they think they deserve more sept like rallies.....the retrace has a different plan for them....no more room left for those kind of rallies unless they start from much lower levels way below the sept lows.....

we know what those targets are....