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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: hobo who wrote (8735)	12/26/2000 8:44:58 AM
From: Poet	Read Replies (2) \| Respond to of 10876

Hi toscano, Naz futures are positive this morning, despite the downgrade (to "buy") of JDSU. Here's what Hahn has to say about the possibility of a major pivot point in the market today: The simplistic interpretation would be to expect a high, if the rally of the past two days extends into midday on Tuesday. If, on the other hand, there is weakness into Tuesday noon, expect a turn higher. (The latter scenario is much more bullish!) A quick move down on Tuesday that fills Friday morning's gap without violating Thursday's low would be a nice setup for a reversal.