Zeev's Turnips - No Politics Message Board

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

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To: anon who wrote (13234)	12/13/2001 5:13:00 PM
From: ajtj99	Read Replies (1) of 99280

Yeah, it appears we could possibly be on to a late Dec. low. It depends if the funds give in here or not. Notice how we dropped today after GS propped things up yesterday late afternoon (for the PRU pricing). The momentum seems to have cooled off quite a bit, making a drop more likely than a week ago. You have to really rule out a strong bounce next week due to Max Pain and options expiration. Max Pain is about where we finished today on the QQQ. We may move a bit sideways and possibly up a bit, but that may be all next week, IMO. The big battle at 1934 / NDX 1582 still needs to be fought before we know what to expect later this month. If we cut through that support like butter, you know we're going down. BWDYK? I think you've been batting around 1.000 this month.

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