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

To: mishedlo who wrote (10297)	10/10/2002 2:27:06 PM
From: Jeff	Read Replies (3) \| Respond to of 30712

the retrace and max p are two different things..... the retrace can take a ramp to a double top over 1200....max p can stop this ramp long before that..... the main points today that are more important than anything else is the fact they pierced the geo flat low of 1109....and even more important is the spx new low.... in football terms.....this ramp is like a long 80 yard td pass....but wait....theres a flag.....holding.....and the ref says....bring it all back..... that pierce is the penalty flag.....this is all coming back.....and the penalty is its going lower.....and unlike football....it doesn't have to happen the same day.....could be a few days or next week.....