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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 (5127)	8/14/2002 1:55:13 AM
From: Lone Ranger	Respond to of 30712

Jeff, Gotta give you credit how you nailed this congestion area. You said it wouldn't be like the easy shortin before. You were right on. Still watchin your tops. Thanks.

To: Jeff who wrote (5127)	8/14/2002 6:37:36 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 30712

Jeff: Re: "the retrace 1400 is in jeopardy now....." Well, we have had two thrusts above 1300. Those exceeded what was to be expected given what we saw in 1997. So I think it is still quite possible. Max Pain for September gives early indication of that possibility at qqq $25. Let's work off the SPX. SPX made a higher low last trip down. I still think she has got juice and maybe enough juice to drag up the Nasdaq. Re: "hard to believe they let them get out now....." Hard to believe they make it so easy for shorts. Need more "bottom-is-in" calls. Re: "nasdaq is still under the crow 1326 top." Yes, crows held the surge of the op ex soldiers and that suggests we are going back to complete some unfinished business on the downside.