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

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To: Zeev Hed who wrote (79978)6/17/2002 1:16:36 PM
From: ajtj99  Read Replies (1) of 99280
 
Zeev, there is really very little between this level and 1190 NDX / 1595 COMP. All they have to do is gap it up over COMP 1555 and it will run half-way there. The big barrier I see is around NDX 1175 or so, as that's the 20-day EMA. Maybe they leave that for Wednesday's gap up <G>.

I think Carpino has a low on Wednesday. He might be inverted this week. Often during options expiration week we don't have two positive days in a row. This week may be the exception, as Max beckons.

It's May all over again. The roadmap from the past couple of weeks has nearly mirrored the map from April 26-May 10. This week looks like it could continue that trend.
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