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


To: Jeffrey S. Lillie who wrote (25533)1/22/2003 4:21:43 PM
From: Softechie  Read Replies (1) | Respond to of 30712
 
Be strong my friend...believe in yourself and you'll win big!!!



To: Jeffrey S. Lillie who wrote (25533)1/22/2003 4:37:38 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Well, I went conservative. I think we could dump a bit more tomorrow before any relief. The Dow could hit the Dec. lows, as could the SPX. I'll close my put if those levels are hit and hold near term.



To: Jeffrey S. Lillie who wrote (25533)1/22/2003 5:00:49 PM
From: LTK007  Read Replies (3) | Respond to of 30712
 
well Jeff focused on SPX 60-min RSI from end of today to 9/30/2002, and see only one RSI reading lower than the 12 yesterday, and that was 12/30.
The 16 at the close of today still extremely low.
So you still have odds in your favor.
The lowest 60-min reading since 9/30/2002 by RQT measure of RSI for SPX that occurred on 12/30/2002 was 7 at 10:30am EST. The low for that hour going into 10:30am was 870.22, but the "rally" was only 12points to 882.xx(and on the next day we hit 869.43).
That is all the data i got. max