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

To: JRI who wrote (12751)	10/30/2002 12:35:40 PM
From: Rich1	Respond to of 30712

Carpino been right on da money said if we didnt hold 905 on Monday to look to short..This morning he said thought the low was over and we were going higher.. Said if we take out and hold over 893 be berry berry good..<gg> He updates just about everyday.. Here are a couple of his comments from this mornings update.. <I don't know whether the low was made or not and one doesn't really have to know to make it all work. One other thought though to consider. The rally is very impulsive looking. Note the angle of ascent. With minimal drops as have been occurring, we need to be watching for any price breakout later in the week to the upside. These types of impulsive moves can go to a Time Count of 21calendar days before a more serious decline begins. Just keep that in mind for later this week if things are looking stronger.>