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

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To: nsumir81 who wrote (59436)4/30/2002 9:50:27 PM
From: shoreco  Read Replies (1) of 99280
 
nsumir81, No your right, what you see is what you get.

What I am saying is you can't expect the Summation Index to stop its free fall and reverse up in one day. It doesn't work like that and that is why I said to think of it as a slow moving whale and when it does pick up steam, either up or down, it's not going to reverse course in a day.

If you look close enough, you'll notice it did slow the free fall and only lost 15ish today.

It would take 2-3 up days in a row to get it to start reading positive.

Watch that McClellan as it nears zero, failure to take it out would get the Nasdaq to close that gap around 1625ish real fast.

JMO
Shoreco
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