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


To: mishedlo who wrote (24650)1/16/2003 7:58:55 PM
From: Win-Lose-Draw  Respond to of 30712
 
before calling a top i want to see the near-term SMAs turn down. that's for a local top. for a longer-term top, i want to see panic in baritiromo's eyes.

100 points late is nothing. it's cheaper to miss a top by a few points than show up too early for one, especially playing options.



To: mishedlo who wrote (24650)1/16/2003 8:24:28 PM
From: HoodBuilder  Read Replies (2) | Respond to of 30712
 
I want to see the PPT push the S&P through the 200 day to get the vix to 20 and every stinking Joe Baggashittia Worshiper to declare the Bear is Dead! Then we'll know for sure the top is in! How's that?

That's not to say I'm not 20% net short 70% cash and long gold. :)



To: mishedlo who wrote (24650)1/16/2003 9:55:28 PM
From: Softechie  Respond to of 30712
 
Mish, right on distribution at top last 5 days or more...Da Bulls and hopers couldn't accept reality...



To: mishedlo who wrote (24650)1/17/2003 12:54:48 AM
From: 1podstock  Read Replies (2) | Respond to of 30712
 
Mish, before calling for a top, I'd like to see Abby join Kudlow and Cramer (aka Beavis and Butthead) in dancing the Dance of the Death of the Bear on CNBC's America Now.

Last January 2002, Beavis and Butthead did this dance on their CNBC show, and Nasdaq promptly fell from the Jan highs.

(GG)



To: mishedlo who wrote (24650)1/17/2003 5:45:46 AM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 30712
 
M: What do you make of how max pain is setting up for February here? I realize it is early, but the $27 max pain read on the QQQs seems problematic for the bear case at some juncture.