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

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To: anon who wrote (7731)11/23/2001 10:44:41 PM
From: ajtj99  Read Replies (1) of 99280
 
anon, your adjusted high for the day today (12:20PM) was pretty good. The push to get the Dow up extended that a bit, but your highs all seemed to work.

If we do gap down Monday, I think that would give us an Evening Star for today's candle. That would be a nice confirmation of the downtrend.

I think what we're all going to be looking at is the retail sales numbers from the weekend. The com-check guys will have the numbers on Monday, I believe, and possibly Visa and some of the credit card guys may have some numbers too.

A gap up would tend to be the logical extension of the "sucker them for Thanksgiving" MM game, but the retail sales numbers are the wild card, and may take away that opportunity.
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