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

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To: bobby beara who wrote (44310)3/27/2002 4:55:44 AM
From: JRI  Read Replies (1) of 99280
 
<Take out intraday high, bear frown time> According to your chart, doesn't the Naz really need to take out (not just throwover, but take out) upper-line of wedge....ie get in the 1850s with some oompf before bears should worry vs. just exceeding today's high..

I guess I am trying to distinguish between calling 1846 (or so) demarcation vs. about 10 pts. higher (of course, I'd expect some pressure for shorts to cover after 1846...but if it doesn't show up?)
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