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


To: 16yearcycle who wrote (25971)1/24/2003 11:42:02 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
up all night with the kid, just turned on the telly, sea of red...not that i'm complaining, but what happened???



To: 16yearcycle who wrote (25971)1/24/2003 11:56:16 AM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Within a week, we could be as low as 1270-1280 if we get a real melt-down. Otherwise I think 1320 is a reasonable target, and that should not hold, since we don't do triple bottoms here <G>.

I do think the next low will be in the 1266-1270 area. I'm just not real certain it will be next week.

One thing I should mention is that my Super Duper Dump-O-Meter should have another reading in mid-February if we get a low in late March / early April. That would most likely come from a ramp that failed. We've got Feb. options expiration coming up in a few weeks, so we need to be on the lookout for that.