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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Softechie who wrote (94937)7/15/2002 10:46:18 PM
From: LTK007  Read Replies (1) of 99280
 
i remind that we had today in the DOW and SPX an intraday reversal unequalled since 4/4/2000(i believe, but need be precisely verified. If not , it was damn close). Just to indicate my intention here,i bring out that if one breaks this down one will see that the huge drop to the intraday low on 4/4/2000 was totally obliterated with an awesome(specatacular historic rally) in the 2nd half of that day; BUT on 6/29/2000 the DOW closed 300points BELOW it's intraday low on 4/4/2000. So this be why those that get emotionally charged by these moves best consider the above i feel. Max
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