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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: jjstingray who wrote (56382)4/26/2002 1:07:29 PM
From: ajtj99  Read Replies (2) of 99280
 
jj, sorry I did not get back to you. I just got back into town. If there is a buy on Monday, that would coincide with a low. Either way, I'm not going long or calls until we hit support.

This drop is a bit worse than I expected. I thought initially a while back that a drop below 1696 would stop at the top of an old gap at COMP 1677. However, the SPX will probably end up stopping this drop when it completes the re-test of the Feb. 22 low at 1074.
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