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


To: Justa Werkenstiff who wrote (15944)11/20/2002 1:51:22 PM
From: t2  Read Replies (1) | Respond to of 30712
 
Seems like they want ot see some squealing by exceeding 1426.

If they do it, do you see a sharp move higher?
I am hoping for that sharp move to get a great shorting opportunity.



To: Justa Werkenstiff who wrote (15944)11/20/2002 2:07:19 PM
From: byhiselo  Read Replies (1) | Respond to of 30712
 
yep, lets get it over with and get the sissy bears

out of the picture g

i'll be squealing right along with 'em but am just now
having a talk with my mouse finger so it doesn't click
the buy to cover button in a frenzy g

cheers



To: Justa Werkenstiff who wrote (15944)11/20/2002 9:22:15 PM
From: ig  Respond to of 30712
 
"Seems like they want to see some squealing by exceeding 1426"

1500 should do that nicely, but even more squealing is to be had by goosing it over the 200dma. I kind of like 1555, give or take a few. That'd be what I call an "exacerbation move." [Hypertext Webster Gateway: "To render more violent or bitter."] The PTB (Powers That Be) like to exacerbate wayward moves as much as possible, to minimize risk and maximize reward on their entries and exits.

So, I'm guessing Max Squealage will come not merely over the August high, but just over the irresistible 200dma. That'll be a Red Alert for shorts and Last Call for desperate bulls. By that time, not even Jeff will be able to deny that the Retrace has been "blown out of the water." The PTB are just waiting for his capitu- ...er, his signal.. *g*

ig