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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: jjstingray who wrote (42171)3/20/2002 11:22:13 AM
From: ajtj99  Read Replies (2) of 99280
 
Yeah, this is a nasty drop, jj. NYA and Dow still holding up relatively well, however. There are a couple big IPO's pricing tonight, so I thought the powers that be would try to prop up the market to get those out. It may be that they ran out of ammo.

We took out the pivot low at 1848 for a new low of 1846. 1841 coming up and 1830 and 1821 right behind.

NDX did hold its pivot low of 1470, but that may be a breached the next trip down. NDX 1450 is looming, which could equate to COMP 1821.
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