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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (41967)4/2/2001 7:56:02 PM
From: LTK007  Read Replies (1) | Respond to of 56535
 
o yes per Security trader,if Krem breaks below 33,it has a long way down--long term call--12.



To: LTK007 who wrote (41967)4/2/2001 7:58:11 PM
From: ajtj99  Read Replies (1) | Respond to of 56535
 
Max, today's Naz drop was dominated by the SOXX and Biotech.
The breadth of the drop was not impressive, but there were 221 new lows as opposed to 68 new highs.

Up volume was greater than down volume, and advancers outweighed declines.

I think we'll see some early selling in the morning, but today seemed to be an aberation. I'm still looking for the NDX to bounce off support, but that all depends on the strength of the overall market. If the COMP drops to 1646, the NDX support at 1486 will most surely be breached.