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

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To: AD who wrote (91051)7/3/2002 4:39:36 PM
From: SirRealist  Read Replies (1) of 99280
 
No way does a bottom get set on thin , pre holiday trading

A temporary bottom just before earnings runs kick into higher gear is not unheard of.

Barring any Al Qaida moves, we could start a fair runup Monday, imo. But anything down to 1250 right away would not surprise or alarm me, even w/o those caverats.

Only a break of 1240 would be cause for concern.

Nearterm, 1419-1423 and 1455 pose the first serious resistance lines to the upside.
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