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

To: Jeff who wrote (30101)	6/12/2003 1:16:02 AM
From: Lone Ranger	Respond to of 30712

Jeff, Let me know when your canary sings that the blow off top is in <g>. So far with these low volume bull grindings my indicators say not yet. Also actual money put/call levels indicate there is a ton of doubt to this rally. That's one of the things we need to keep the trend your friend.

To: Jeff who wrote (30101)	6/13/2003 9:05:22 AM
From: Lone Ranger	Read Replies (1) \| Respond to of 30712

Jeff, Some of the things I look at are indicating that a correction might be near. The timing of it is difficult.<g> But in the recent past similar types of readings have failed to produce even minor corrections. Sooner or later they'll hit. Don't know if today will be the start of it or not. Maybe your canary is a more time sensitive animal?<g> In general I like to wait for a material down day, and then one more, for confirmation of a correction. Let's see...