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


To: sun-tzu who wrote (9536)10/6/2002 10:11:01 AM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 30712
 
ST: I agree with everything you say regarding an intermediate term bottom.

And I am still going long for a short term bounce. I have a measure of oversold conditions that has worked well for me all year and it is saying the same thing again -- bounce imminent. And it lines up with max pain. And it lines up with the July pattern. And it lines up with where we are in price. If the scenario is in play, I am taking it.

Tomorrow, we can go a little lower and if we do I am a buyer. Don't misunderstand me. I expect I will not hold more no more than a few days. Tuesday is what I am thinking but too soon to tell for sure.

I have my plan(s) and my approach will be finalized in the premarket.

So, pray for me <g>. Good to hear from you.



To: sun-tzu who wrote (9536)10/6/2002 11:09:38 AM
From: Lone Ranger  Respond to of 30712
 
sun-tsu,
Excellent post. I think and feel the way you posted but could not have explained it in such detail and therefore did not really understand it. If you know what I mean<g>. Very interesting to follow along the thoughtful posts of yourself, Justa, and many others on this thread.