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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Softechie who wrote (9983)12/3/2001 8:49:16 AM
From: ajtj99  Read Replies (1) of 99280
 
Techie, if NDX 1560 holds, we've got industrial numbers later this week for October, and they could be up big due to autos. Depending on the spin, it could be taken as a positive sign of a recovery by the talking heads.

The 60-minute is overbought on the NDX and COMPX. We're due for a pullback. I believe we should wait and see what happens here at some support before we draw too many conclusions.
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