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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (14851)4/5/2001 10:45:20 AM
From: JRI  Read Replies (1) of 37746
 
Velo...if we break into gap open....won't 1700 be the 1st support level....?

I'd think..snd if 1700 doesn't hold....well, its a long way down...

I don't think 1700 holds...it may take until this afternoon or tomorrow, but I remain suspicious........there is not big buying here, and tons of distribution lies ahead....big money is still scared to death of getting their fingers chopped off in tech..

The healthiest thing would be for a chop here for several days, but as we know, this is not a healthy market..
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