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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (10842)12/5/2001 3:08:27 PM
From: ajtj99  Read Replies (1) of 99280
 
We are getting close to some old resistance lines - 2057, 2078, and 2103. I think 2057 may be a goner, and maybe we could gap up close to 2078 to take us to 2103 on follow through.

After the first hour, the volume dropped down to a more reasonable rate. It seems that other than short covering, we have a normal volume day.

However, the short covering has brought the indexes up to important levels that attract more buying.
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