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

To: megazoo who wrote (4858)	8/7/2002 6:47:18 PM
From: Jeff	Respond to of 30712

first off.....the odds favor a down..... but....in this market you have to look at both sides or you get toasted.... anyway....i think the upside would be limited because of the bagholder zone and retrace 1400 top and t-q major top.... so i doubt i would do anything more than continue to daytrade the long side.... but...i sure would know not to hold any shorts on an up above my first resistance targets..... after that i'll play it day to day... right now i'll just see what happens tomorrow.....