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

To: Jorj X Mckie who wrote (21100)12/22/2002 1:17:13 PM
From: HoodBuilder  Read Replies (1) | Respond to of 30712
 
I know everybody here loves the NAZ but this chart tells the story IMHO.

For those that don't follow P&F this move down is usually followed by a short lived rally and then "Kerplop"

stockcharts.com



To: Jorj X Mckie who wrote (21100)12/22/2002 3:21:01 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
That's a range, and a prior pivot high support level. That's not sufficient to stop something like this so close to the lower BB, IMO. One of the previous things mentioned should be there.


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