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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 (13515)	11/5/2002 12:17:17 PM
From: Killswitch	Read Replies (1) \| Respond to of 30712

So far, it looks like various stocks and indices have formed intraday rising consolidations, and then broke down from them. If the Naz can get back down to the LOD (it's close now) then it should go ahead and fill the gap. SOX is testing a rising trendline across the lows of Oct 29 and Nov 1 here. If it fails then it will head for a test of its breakout from the broadening top pattern in the 305-310 area. If that fails, then this rally MAY be over. BTK and DJIA are still holding well above their breakouts from the multiday bull flag consolidations. Euro got rejected at 1.004 for the 2nd time now. If it can ever get through there and up to 1.006 rumor has it we could see some serious buying and a further rally.