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


To: Jeffrey S. Lillie who wrote (19433)12/11/2002 11:17:41 AM
From: exp  Read Replies (1) | Respond to of 30712
 
JEFF L: QQQ MaxPain at maybe 25.25, lower BB at 24.83:
stockcharts.com[r,a]dacaynay[dc][pd20,2!c50!c20!f][iUp14,3,3!Lb14]&pref=G
Current QQQ at 25.80, low on Mon 25.20. So, at most QQQ might drop from 25.80 to 24.80 or so (lower BB) or 4%. However, I expect a move up first and then move down to meet MaxPain yet again next week. IMO key point is that downside appears limited and upside after OpEx is greater till early Jan.



To: Jeffrey S. Lillie who wrote (19433)12/11/2002 12:27:03 PM
From: LTK007  Read Replies (3) | Respond to of 30712
 
Edit--more of the same , RSI back at exactly 50 on SPX Daily, but this time it is approaching from below.
This crap will just probably go on and on to a bit into 1/2003. stockcharts.com[r,a]declyyay[de][pc8!c13!c20!c50!d20,2][vc60][iub14!lp14,3,3][J7721100,Y]&listNum=1 since i posted it is falling away from 50.