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

To: ajtj99 who wrote (27696)	2/6/2003 11:30:11 AM
From: sun-tzu	Read Replies (2) \| Respond to of 30712

looks like rally to me

To: ajtj99 who wrote (27696)	2/6/2003 11:35:52 AM
From: Jeffrey S. Lillie	Read Replies (2) \| Respond to of 30712

i read charts pretty well, but the trin is a concept i simply cannot grasp. i m clueless when it comes to imlications. on a different note: as posted elsewhere, an spx close over 850-852 and shorts should cover. a close below 836 and shorts should have a party. should we manage a rally above 852 today by 2pm then we will get a close of 860-865. this is a low probablity event at this point as we are only 8 pts off the lows at 841 now. I feel strongly that today is the decision day. make or break. looks like we are going to hold and rally. also too early to look much beyond 865, but this could easily take us to 900 area spx over coming weeks. j