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

To: jjstingray who wrote (19362)12/10/2002 10:43:40 PM
From: Jeffrey S. Lillie  Read Replies (2) | Respond to of 30712
 
im not laughing, im suing (ggg). that is my plan but it all happens tomorrow. it was about 3 posts back.
j

ajtj,
should we go down hard tomorrow for whatever reason, the 990-1000 region is where i expect it to stop and give the bounce i am looking for.
reasoning. 50ema is 995, july pivot high is 992, bottom bollinger is 991 and rising. So, lots of stuff in that range. That would be a 32 to 42 point drop max.
Onishcka also thinks that we have a date with the 1000 area and it is unlikely we continue to lower levels (he mentioned 975.
Now the question is what would cause (ideally a gap down below 1014) and further selling to get the index to the 990-1000 point range.

j



To: jjstingray who wrote (19362)12/10/2002 10:53:18 PM
From: ajtj99  Respond to of 30712
 
jj, that's pretty much what I think is going to happen. Every chart, even the 10-minute is turning down.

Even the futures appear to agree. I'm still in UOPIX, and I'm planning on closing it on that "B" up you're mentioning. I do plan on getting short early tomorrow.


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