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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (27759)1/12/2002 6:08:14 PM
From: The Freep  Read Replies (1) of 209892
 
<<2) News that enforces the direction of the squeeze.>>

Well, it doesn't come Monday, but EBay, FannieMae, and Intel's earnings are all Tuesday. I'd say great earnings are already priced in, but who knows?

Otherwise, what type of good news shock might you be expecting? And what level of new lows would put the squeeze scenario in doubt in your mind? The 2010 to 2000 area on the naz should be strong support/line in the sand areas, yes? Or is this one of those cases where the absolute numbers aren't as important as the potential?

Sign me. . . the ever curious freep
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