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

To: kanuti who wrote (10373)	10/11/2002 12:59:05 AM
From: Jeff	Respond to of 30712

if you look on the retrace.....coming off the 1400 top we should have hit the 1202.....but i never bothered with that number at all..... for months in advance i talked about the pierce of 1177...not the 1202.....didn't care about the 1202.... the 200 month ma at 1177 had to be pierced on that down to confirm the retrace was going to the next level of 1000....we did that with that pierce to 1169..... so as we enter this 2nd wave low.......we now need the 996 area 250 month ma to be pierced to confirm the 3rd wave down to 700.....so just like that 1202....that 1017 or 1008 whatever it is doesn't mean anything at all.....