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

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To: DennisToo who wrote (75677)6/6/2002 8:16:19 PM
From: westpacific  Read Replies (2) of 99280
 
Friday is critical, if the DOW cannot mount any support then the market will crash.

The McO is taking out 135, levels not seen in months and months. At this level the market should rally and shorts are major risky. So if we see a big down day - Monday could get major scary indeed.

DO NOT TRY TO GO LONG THIS SETUP AND BE A HERO, and being short is almost as risky. Be light and hedged and high cash - that is the right setup in here IMO.
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