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


To: Jeff who wrote (11281)10/17/2002 10:36:41 AM
From: byhiselo  Respond to of 30712
 
man, do i have to give a reason g

you know the retrace better than i, but
just eyeing the oct 96 period for the retrace...after the 1282 high it should go down to 1000/1008

i'm bearish here and don't think we close above 1283 today and would expect a gap down on the MSFT
news for the rarely seen twin baby formation

cheers



To: Jeff who wrote (11281)10/17/2002 10:37:16 AM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
anyone want to play dominoes or cards? Cause when this house of cards comes down its gonna be like a row of dominoes filling gap after gap . Unfortunately, unless the selling starts today, i wont be able to enjoy the ride.
I did a rough calculation and of the 172 point rise in nas over last few days, 124 of it has come on gaps plus the first eight minutes. that is 72% of this moonshot.
jeff