Zeev's Turnips - No Politics Message Board

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

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To: Win-Lose-Draw who wrote (60017)	5/1/2002 4:04:24 PM
From: westpacific	Read Replies (1) of 99280

The market is sqeezed between a declining SMA trendline and a regression bottom channel. IMO - this market could break to the downside when no one is looking. As of today we are no longer oversold, yet not overbought. This trendline has got to break to the downside at some point, with techicals in the market calling for it this is the logical bet. The trend channel has to shift to a downmode soon IMO.

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