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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: ajtj99 who wrote (32583)2/23/2002 10:56:52 AM
From: sylvester80  Read Replies (2) of 99280
 
aj, I think it's more important a NDX close below 1348.52 rather than looking at that 1333. If we close below 1348 then NDX may head to retest 1100 again. If 1348 on a closing basis holds then I'll be looking for a possible test and brake of the upper down channel trend line. The fact that we closed above 1348 on Friday even though we had a day low of 1329, tells me that the powers that be view this as support for now. We'll see.

JMHO.
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