Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (33944)	3/4/2002 8:41:11 PM
From: Mark Johnson	Read Replies (1) of 99280

False rally three trading days ago...... To:Larry Dudash who wrote (33863) From: Zeev Hed Wednesday, Feb 27, 2002 8:03 AM View Replies (2) \| Respond to of 37223 Larry, we are essentially 100 Naz points higher than at the low Friday, but the new highs list is still contracting, not expanding. The new lows have contracted from last week, but not by much. That is actually a sign of a false rally, by now new highs on the Naz should have been back above 100 if that rally was the "real McCoy". You can make a stronger argument about the NYSE in that respect, however. Zeev

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