Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (87002)	6/27/2002 5:48:32 AM
From: EaglePutt	of 99280

I really like your post. I am not sure why there is sudden surge of bullishness in a lot of the market reports. Everyone is calling for a bounce here and a couple bounces there. I am not convinced that we are headed any higher. We may open at 1430 and make a feeble attempt to at 1440, but we are headed back down. We attempted to break resistance on the first try and we did not. Is that not typical to fail at the first attempt? I think we will break through on the 2nd attempt. I really do not see any difference between yesterday and when we shot up from 1450 to 1550 in 2 days and fell just as hard. Shoot, who knows. Maybe I am just sour that I did not cover some of my shorts yesterday as I was not at the computer till the last hour. I am holding on for lower lows coming up.

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