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

To: profit_guy who wrote (5510)	8/21/2002 11:34:40 AM
From: Jeff	Respond to of 30712

the retrace doesn't see a runup into that period..... and until the retrace fails.....thats all that matters... with 11 fed cuts....all the bullish news over the last 28 months....all the bulls on t.v saying buy buy....a bottoms in..... through all that....the retrace just said down....the market just kept going down.... as of this point in time....nothing else matters but the cleansing of a financial bubble.....so why try and go against it..... those who have ignored it for 28 months are likely nearing financial ruin..... the good news is.....its nearing an end.....but if they try and stop it now.....this thing could turn into a japan type deal and just prolong the agony for many more years.... the best thing they could do is let it run its course and get it over with..... following the dow 30's we are within months of the end....if they turn this into nikkei....you will see lower lows a few years from now......and this agony of a dropping market will be played out all over again.....