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

To: Killswitch who wrote (12675)10/29/2002 9:38:18 PM
From: Killswitch  Respond to of 30712
 
On the other hand if the DJIA cannot reach 8500 again, and forms a lower high below the bull flag upper trendline, that would be very bearish and could easily lead to making a lower low and breaking through the bottom of the pattern.



To: Killswitch who wrote (12675)10/30/2002 2:14:17 AM
From: LTK007  Respond to of 30712
 
We only have one solid case this reverses and starts to breakdown. The reason, our sanity. We all know a bull move like late 2001 would be artificially inseminated and engineered and doomed to crash and burn. That is why if this 2001 pattern refuses to break down i will maintain my name for it "The Kamikaze Rally".The idea the Street could pull off a rally here with unrelenting terrible news is mindboggling. Max


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