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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 (20894)12/19/2002 10:07:44 PM
From: jjstingray  Read Replies (1) | Respond to of 30712
 
Here is a chart which will most likely confirm your long way down scenario. If the financials get hit, this market is toast. Head and shoulders, one order please.

stockcharts.com[w,a]dhclyyay[dc][pf][vc60][ilb14!la12,26,9!lg!lp14,3,3!lk14!lah12,26,9!ll14][J8630684,Y]&listNum=1



To: ajtj99 who wrote (20894)12/19/2002 10:31:16 PM
From: jjstingray  Read Replies (2) | Respond to of 30712
 
Well AJ, I have been studying a lot of charts tonight and I have to agree with you. We may get a rally but I think any rally should be shorted heavily. Citigroup, MSFT and a couple other major companies are exhibiting some very negative patterns. You cannot have market leaders like these going down and have the indexes going up.


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