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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 (22042)	1/3/2003 11:26:02 AM
From: ajtj99	Respond to of 30712

jj, that's possible, but not real probable, IMO. The monthly chart had a fast stoch d-blow, the monthly stick in December was a bearish engulfing stick, the BPCOMP and BPNDX and NASI are all in sell mode as well. The VIX and VXN weeklies in November foretold the drop that has played out so far. The fly in the ointment is the weekly charts. If they do turn up on the slow stochs convincingly, we could possibly get an upside surprise. However, my guess is that the full stoch weekly goes sideways, then turns down again.