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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 (3391)7/12/2002 10:10:33 AM
From: Lone Ranger  Read Replies (2) | Respond to of 30712
 
Jeff,
I would like to comment that we are in the 7th game of the playoffs in the 4th quarter with time running out. Just read that a lot of people have noticed the large sp500 H&S pattern on the sp500. Many brokerage experts are saying if everyone is noticing this upcoming catastrophe due to technical breakdown, that it can't occur and the time is now to buy equities like in 98..yada, yada yada....If this happens, ie people, institutions start ramping on and buying, two things can occur. The rally sticks and some sort of bottom opportunity has been missed. The second scenario, of which you and others on this thread are highly aware, this is a false ramp and unbelievably we crash to further lows. If this devastation occurs it will really hurt many people. Thanks for giving your analysis to give people fair warning. One scenario is a missed opportunity, the other could be financial ruin.