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


To: Lone Ranger who wrote (3314)7/10/2002 5:55:33 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
I find it interesting that the Comp had the smallest percentage decline today. Looks like the two other major averages are playing catch up<g>.

my thoughts on that today before the pierce even happened....

its just in time for a little options ramp....so they can combine the sucker run and options ramp in one and keep the nasdaq over the 1336 low to make it look like the nasdaq held its bottom....

it would be a perfect sucker setup.....


Message 17716411

anyway....i doubt very many folks even knew that 923 was sitting there and was a major low to break.....so to cover the stink of a major breakdown....why not hold up the nasdaq since everybody knows the low on that is 1336 and as long as that holds everything still looks rosy...<gg>

more games i figure to keep the sheep buying the "bottom" is in theory.....<g>