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


To: ajtj99 who wrote (15394)11/17/2002 12:50:34 PM
From: TREND1  Read Replies (1) | Respond to of 30712
 
aj99
you wrote
I think the COMP gets above the August highs within the next 10-days.

answer:
(1)Maybe? Maybe not ?
(2)If it does break above Aug highs, the "down staircase
to Hell" will be broken.IMHO.
(3)If Wishire 5000 moves about it's Aug 22, 2002 high,
I will have to think about becoming a "BULL"
(4)Why? Because a BULL MARKET makes HIGHER HIGHS.
(5)It could make a Lower Low below Oct 2002, but the
odds would be greatly reduced.IMHO.

Larry Dudash