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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Jerry Olson who wrote (31058)2/19/2002 5:40:21 PM
From: Jdaasoc  Read Replies (2) of 99280
 
the short side from early Friday was so awesome..

When it gets so easy to play short side almost straight down day after day, one gets quite complacent. Reversal in market is near and one will know it by 4:15 PM if we have strong afternoon reversal. The only volume now is to the short side so next trend will be short covering.

Follow MSFT and INTC for signs of being oversold because that what going to be bought when we rally.

PS we are at 1080 SPX line in the sand. Any move to 1054 will quickly be retraced.
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