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

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To: augieboo who wrote (54186)4/22/2002 11:02:36 AM
From: Justa Werkenstiff  Read Replies (2) of 99280
 
Augieboo: Well, call was for a close below QQQ $33 by end of week and as early as today. So, although things look to be going my way this morning, a close below $33 is still outstanding. Since my scenario is in operational mode, I will respect it. While there is a chance for a bounce in here today or at some time during the week, seeing what I see this morning tells me that the trend is still down. There have been some occasions when I have seen this scenario play out where there is no real relief for longs on a day to day basis and so that is a consideration for me anyway.
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