Zeev's Turnips - No Politics Message Board

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

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To: ajtj99 who wrote (48267)	4/8/2002 10:13:11 AM
From: LTK007	Read Replies (1) of 99280

whew i just turned my computer on----that breach on NDX big negative.SPX bounced off it's first support a bit(1111), but 1086 would seem to have to be tested. SPX is now obviousy in an oversold condition, but when matters get ugly, we know oversold can get way oversold. What's our next key support for COMPX?----i do know if we breach 1700, we are into ugly. Am not jumping into buy mode today, world events still in high tension mode and seeing that Powell won't even be in Israel until Friday, i can see no buyer enthusiam.Will probably just be a week of the big trading houses trying to generate some volatility(daytraders playing the intraday action should have all they can handle and more:). I read where U.S.Warburg trader dens amount to 2 football fields of traders clicking away----the big boys just plain trading and churning to the extreme.Max

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