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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 (27715)	2/6/2003 1:10:09 PM
From: ajtj99	Read Replies (3) \| Respond to of 30712

If the market turns down here, we've got that 3-lower highs thing going on the SPX, and I know Rich and Carpino take that as a bad thing.

To: Jeffrey S. Lillie who wrote (27715)	2/6/2003 1:17:04 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 30712

Jeffrey: If SPX 850-852, add to shorts. If SPX 865, add to shorts. Cover on weakness and short the averages directly on strength when the bear is in control. If assessment is wrong, the trend will rescue me. Beats being a a bagholder. My NDX rally window is closing and what has replaced it is a consolidation window before moving to new lows. Could last a few days. Could go as high as yesterday's highs. No difference. The end result is the same.