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

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To: Jeff who wrote (59600)5/1/2002 11:07:03 AM
From: ajtj99  Read Replies (2) of 99280
 
Jeff, The MM's are making this look like a successful test of the Monday. It looks like a flag before another push down to take out Monday's lows. I got some puts ( a little late after the breach of NDX 1253) but I'm looking at the NDX 1207-1220 range to unload them. I doubt we will stop at the Monday lows.

We could re-trace a bit of this before going down, but it sure doesn't look real probable right now.
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