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

To: Cola Can who wrote (6218)	9/3/2002 3:42:43 PM
From: Jeff	Respond to of 30712

usually need a next day to confirm what happened.... we are in an odd spot transition phase from a long bear decline to another sucker ramp rally.... the question remains.....are we back to the bear decline phase or still have another sucker rally left.... only the retrace knows for sure....<gg> actually thats why i'm watching the semi stocks i mentioned before....they are close to new lows and i know if they make them another sucker run comes from that....so when that happens it will confirm many things going forward...

To: Cola Can who wrote (6218)	9/3/2002 3:55:56 PM
From: Jeff	Respond to of 30712

i'll add something else here to that last post.... you see....right now we all hope we are still going to get that 1251-1328 ramp phase.....that would fit nice with a semi new lows and sucker run.... but...knowing the retrace margin of error....that 1251-1328 phase could have been played out last week with the 1295-1346 run....and that would mean we just keep bleeding down and likely head to the bottom retest and fail now.....and a 5 t-q reading today could have marked a high and we never see 1300's again.... so the picture is not clear yet....