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


To: Justa Werkenstiff who wrote (8649)9/30/2002 7:54:04 AM
From: orkrious  Read Replies (1) | Respond to of 30712
 
That goes without saying but my suggestion is that those days will be to the downside at the close and there would be higher than average percentage losses over that period of time.


that's what I thought, but then you said "When too many people get short, it should slow the decline," it seemed to contradict your first paragraph.



To: Justa Werkenstiff who wrote (8649)9/30/2002 8:54:33 AM
From: Lone Ranger  Read Replies (1) | Respond to of 30712
 
Justa,
Looks like we might be able to test again the new low play on the qqq. Intraday low for qqq was 20.65 on sept 24, 02.
Ndx new low was 830.21 on Sept 24 also.