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

To: Berk who wrote (7050)	9/13/2002 12:42:39 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 30712

Jeff, Justa, ajtj, exp, and augie are the experts here. I have been saying for two years that until we make new yearly highs, follow the ta, and the roadmap they have here is the best one. An indicator that when I used it was successful for 15 years with out one failure, blew me up in March after I was up about 100% from June 30th on. A pretty tough market. IMHO, and I will follow this until it fails, the next low that everyone expects will be the second to last step on the ladder, will be the last step on the ladder. We'll see. I'll be ready for anything, but I think a pop off of 1000-1070 will be higher than what most here see right now. Anything can happen. Until the fundamentals improve enough that traders can look past ta and change their mind set to anticipating growth, the ta will totally dominate.

To: Berk who wrote (7050)	9/13/2002 2:04:25 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

dick.....back in may i timed out the bottoms for the last 3-waves down as july...october....and roughly next march-april for the washout.... to diverge from the retrace.....we have the 1459 top to pass... or on a retest of the july lows...they hold and the ramp off that low gets past 1300 again....that very likely could put us in the nikkei scenario....and will have to watched closely.... when we pierce the july low....that sets up all systems go for the snap back sucker run to 1260-1285 say....and the drop to 1000 area in october.... so setting up these lines in the sand....i think we can catch the divergence from the retrace alot quicker than 4-months..... at least i hope we can....<gg>