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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 (18828)12/7/2002 9:21:16 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30712
 
AJ: All I know is that they were trading the cubes pre-market as low as around $25.60 but that price could not bite as we got as low as $25.74 in the opening flurry which raises a very interesting max pain issue as they hit max on Friday.



To: ajtj99 who wrote (18828)12/8/2002 6:49:03 AM
From: LTK007  Respond to of 30712
 
aj i look at my SPX chart and see it bounced EXACTLY at the now strong red resistance line(a slight piercing, no more).
So that TA drawing on my SPX chart worked to perfection.
Is it a omniscient magical chart, no, it got lucky. PPT MADE it right. Max
see chart stockcharts.com[r,a]declyyay[de][pc8!c13!c20!c50!d20,2][vc60][iub14!lp14,3,3][j7721100,y]&listNum=1



To: ajtj99 who wrote (18828)12/8/2002 12:15:11 PM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
possibly, but i believe it was mostly PPT stepping in on horrible unemployment data to prevent a BIG selloff to end the week and end the uptrend. By turning things on friday, there is still lots of hope out there that we are still going up. it should hit a creshendo later this week (trs fri) before the next plunge which will erradicate a good % of that hope once again.
j