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

To: Lone Ranger who wrote (8594)	9/29/2002 1:21:34 PM
From: augieboo	Respond to of 30712

LR, how about quite a bit lower?

To: Lone Ranger who wrote (8594)	9/29/2002 2:33:08 PM
From: Jeff	Respond to of 30712

well....all i can say is nasdaq's target are all laid out here from the retrace.... the dow and spx.....well....longs are going to be shocked when these start falling.... just to remind the thread...dow and spx just started full sto weekly d-blows... nasdaq has been under a full d-blow since "march"....thats right...march..... in the blow off top....nasdaq went into full sto weekly anti-venom in april 99..... to sum up....weekly full sto's can run a year....you heard it right...a year..... a full weekly anti-venom....a year of super strength.... a full weekly d-blow....a year of super weakness.... nasdaq under weekly d-blow since march.....one year...march 03..... dow....spx ...."just" started weekly d-blows....get the picture.... once the bottom targets are hit in this wave.....yes...we get a wonderful rally.....much like august.... then the party's over....to confirm that will be a pierce of the 250 month ma.... so when the t/a starts getting tough...and all the remaining longs start coming around with this sentiment crap..... never forget about the weekly d-blows....those will toast any longs and new bear longs in the final washout.... nasdaq's full has toasted longs since "march"... thats a fact......and spx and dow just started theirs.... just remember that....if the worst does come...knowing about this stuff will leave you a survivor in the final washout....and thats the goal of everybody here..... the experts and the few remaining bull threads are treating this like a casual walk in the park as they are getting toasted.... they have no idea the worst is yet to come as this is not a "casual bear market"....and after all this time....they still can't see this for what it is....and thats the reason it just keeps grinding down.... for me personally.....heck....folks can look at all the sentiment and pe crap they want.....study all the charts they want.... my killer t/a is talking to me.....the retrace gods gave us the needed pierce....and i know thats all i have to listen too..... but thats just me....