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

To: ajtj99 who wrote (3444)	7/13/2002 8:58:31 PM
From: kanuti	Read Replies (1) \| Respond to of 30712

I am certainly not saying you are wrong in your forecast, but could Thursday 7/11 have been the retest of Wednesday's 7/3 low? If not, could you please explain why, as I am missing something here and sure would like to understand what you are seeing. I am thinking there is a fair chance the nas moves up slightly for at least a couple of days for max pain and maybe through this earning season then heads for 1200, but am not confident enough to try to play short term longs from here. There is always a re-test in 3-4 days. The lows will be tested within 1.5 to 2% of the low number. I'll bet anything on it.

To: ajtj99 who wrote (3444)	7/14/2002 7:15:57 AM
From: Michael	Read Replies (1) \| Respond to of 30712

HiPaul, Thanks for all your contributions here. I have a few questions about your scenario, which i would appreciate if you ould clarify. You have no belief in Zeev's small rally off a retest ? I know you (and I) respect him highly so what makes you think his turnips could be that far out. His target for the retest seems to be 1296. That would be a new low which would by your rules, would also have to be retested ? yes ? When you say 10% down for the Nasdaq, from what level are you starting from. The current 1373 (which would put about 1240) or 10% down from the retest level? Thanks a lot Mike