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

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To: Crimson Ghost who wrote (7215)11/21/2001 8:57:01 AM
From: ajtj99  Read Replies (1) of 99280
 
George, I agree with you. Futures were indicating that's the direction that we're going, until the MSFT downgrade put a bit of a damper on things.

That old lady with Anthrax didn't help either. However, on our side is the NDX 15-minute and 60-minute charts nearly bottomed out and the light volume and historical trends you mentioned for Turkey Day Weekend.

The big thing is that the Dow is less than 100-points from 10,000, and that's within striking range on two low volume days.

Add in the fact that we need better candles at the top than we have now, and I think we have a holiday recipe for criminal activity by the MM's.
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