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

To: ig who wrote (8910)	10/1/2002 7:45:15 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

well....last major t-q top was 1459.......thats the ultimate top still.... weekly d-blows....something the bulls can't see....or for that matter new bull bears.... each ramp in between major peaks has brought out the retrace is dead crowd.....they got toasted... in order to end this bear market.....bears have got to turn into bagholding longs because the longs are being wiped out daily.... in order to get bears bullish....the t/a has got to trick them into buying.... we just saw that as they are using the spx 74 model as the smoke and mirrors.... so....the 2002 bears are about to find out what the 1932 bears did before they got toasted.... i'm just going by history here.....because it is the only guide into a bubble retrace and how it ends.....

To: ig who wrote (8910)	10/1/2002 8:07:33 PM
From: Jeff	Read Replies (1) \| Respond to of 30712

you did this same thing at the 1239 top on sept 26th... Message 18037115 the nasdaq then dumped to another new low to 1160.... deja vu

To: ig who wrote (8910)	10/1/2002 11:34:07 PM
From: Jeff	Respond to of 30712

but my TA still says we may be setting up for a bearmarket rally that will blow the retrace out of the water. (I posted my TA a few days ago.) sorry....i guess since this statement started it all...."blow the retrace out of the water".....well.....why wouldn't i think you meant an end to the retrace.... anyway....if your t/a says that....go with it...... i just stick to what has been working here.....and i will till it breaks.....i'm just a spectator to this retrace thing.....i'm not the one making it work......i just do what it says to do......and obviously it has been right.....so i don't fight it...... again...it shows another big rally.....you will be right....but you might have to watch 1k come first..... anyway....lets just watch and see how history plays out here....