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

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To: jjstingray who wrote (59527)5/1/2002 9:46:09 AM
From: ajtj99  Read Replies (1) of 99280
 
jj, maybe we consolidate and hit the fibs today before the next leg up. We hit the NDX .618 fib already this AM at 1267, and I imagine we'll also hit the .50 Fib, as the COMP has not hit the .618 level. A breach of 1253 NDX will mean a drop to NDX 1207, IMO. I think NDX 1261 may be the sweet spot for a turn back up.
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