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

To: mishedlo who wrote (6066)	8/30/2002 4:23:56 PM
From: FrozenZ	Read Replies (2) \| Respond to of 30712

I've been watching to d-blows and anti-venom since I started lurking on this thread ... until I realized I don't know what either of them are. Maybe if someone could link to the post that explains it all, or even link to it in the thread header... everyone could be clearer. Just a thought.

To: mishedlo who wrote (6066)	8/30/2002 5:50:58 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

Even worse, no idea how you are trading. It is fine to say watch for D-Blows or watch for anti-venom or venom or whatever. well i guess you didn't read the thread header part about no picks and what you play is your choice.... this isn't no pump picks thread....just market direction...we are following the retrace down and identifying the major tops....you can position off those and hold till the next bottom if you want...or just swing trade the ramps and dumps in between the major tops and lower new bottoms..... i just call d-blows as a warning to whoever is long at the time....the warning is you are about to become a bagholder.... same with anti-venom....if you are short and anti-venom is close to forming.....you are about to be squeezed!!! plus i called every pierce and sucker play down from the 1832 top....and found some major t-q tops that folks don't realize it now...but those tops play right into what would happen if indeed 700 area is the real bottom here.... those are all good things to know....<gg> as far as picks......i talked before about my cinderella shorts....those are stocks still above their sept lows....like QLGC...KLAC....AMZN....EBAY....and just plan old big boys like MSFT...CSCO...INTC....ORCL.....if we nail a top on the retrace it doesn't matter what you play....the retrace is going to the next low and "everything" goes with it......it didn't matter what you shorted off the 1759 may top.....or the june end of month high.....the retrace said 1200 was coming and likely in july..... then when a bottom is hit......we knew the next top was around 1400 area....so in the last month folks either played the ramps and dumps long and short or whatever they did.....now we have the 1426 top in.....and the retrace still intact.....so it calls for another dump to the bottom area....another ramp to a lower high....then a 1000 bottom likely in october..... so those short over 1400 could walk away and come back in october and cover....or since we know its a bumpy ride down because the retrace shows that....some covered on the first big drop we just had and reshorted again after this ramp knowing the pattern is now lower highs and lower lows again.... i also mention the golds some.....just talked about the inverse h&s on XAU and the anti-venom on HUI.....you could have got in golds last week before they moved up this week....i posted a whole big list of gold stocks long ago....and i mentioned i played some penny golds also like CALVF GSS GPXM....i mention them now only because i mentioned them before.......and i believe if gold goes into a full blown bull market....then the little penny golds would explode for bigger gains much like the pennystocks in 2000 that went up 10 baggers to 100 baggers.....and because theres so few of these little gold stocks....unlike the thousands of penny stocks in the big market....well...if money starts panic buying gold when the dow really starts crashing....you will have lots of money looking for a few gold stocks and that alone will cause these to explode.... so there you have it....i'm following the retrace down...trading off its peaks and bottoms with certain stocks that drop with the market....and always keeping one eye on golds and especially the little ones that will gain the most if the gold bull takes off....