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


To: TREND1 who wrote (10286)10/10/2002 1:55:05 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Hey, whatever Larry. Unless you define trend, it's hard to argue that point.

If you thought every options expiration ramp was a change of the macro trend, you'd have been whipsawed all year.

We've been covering this possibility here for the past several weeks, so it surprises nobody. The BP charts have not crossed up, the NASI has not crossed up (see how nice those crosses work?) and support has not been reached on most indices.

I dare you to buy here and hold for 2-weeks <G>.



To: TREND1 who wrote (10286)10/10/2002 2:43:40 PM
From: LTK007  Read Replies (2) | Respond to of 30712
 
You have to account for false breaks of that down trend line, such as ramps, in options week Larry, imo.
By the way here is my own method 'The Slow Boat to China Method':) a look into both the future and the present and the past:) stockcharts.com[g,a]ddclynay[dc][pc8!c13!c20!c50!i][ilb14!lp14,3,3!lf][j6440078,y]&listNum=1 MAX