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


To: Rich1 who wrote (4828)8/7/2002 3:36:33 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Maybe a H&S formation pointed to around NDX 950 on the 30-minute:

stockcharts.com[h,a]faclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G

If this keeps up, it will be negated, however.



To: Rich1 who wrote (4828)8/7/2002 3:52:23 PM
From: Jeff  Read Replies (3) | Respond to of 30712
 
its a circus.....

the powers that be decided after killing longs all day and getting their cheap stock....it was time to squeeze shorts and sell that cheap stock back to long bagholders higher up.....

one thing for sure....they don't want shorts riding this to 700....so they won't make it easy for them....

they will make sure everybody takes a beating on the way to the basement....