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

To: Jeff who wrote (19439)	12/11/2002 11:26:11 AM
From: ajtj99	Read Replies (1) \| Respond to of 30712

Exactly, the day is still young. Normally when we bounce prior to a lower BB, it is due to strong support. We bounced at the uptrend line off the lows on the NDX. If that holds, it does need to be respected.

To: Jeff who wrote (19439)	12/11/2002 11:27:12 AM
From: Jeffrey S. Lillie	Respond to of 30712

it wasn't so much that i was looking down, it was more that i saw some history that said we had a good likelihood of going down adn if we did, i outlined the likely place to stop and reverse up. i do think we need a lower bb touch on ndx before we go up. it is rising so we need only get to about 1005-1115 on thurs if we go down. j and yes the day is young. the rally has been weak, which leaves the door open for a dump later today (not a prediction)