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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1109)10/22/2001 10:04:34 AM
From: Rich1  Read Replies (1) | Respond to of 99280
 
I thought it woudl have been down more than 9/10 points...<gg>
Are you back in the Q..



To: Zeev Hed who wrote (1109)10/22/2001 10:14:43 AM
From: hotlinktuna  Respond to of 99280
 
Zeev....my VSR last 4.65 +.80 hod 4.74 and 52wk hi 5.10 may fall yet today! Nice start to Monday....tuna



To: Zeev Hed who wrote (1109)10/22/2001 10:17:30 AM
From: ajtj99  Respond to of 99280
 
Zeev, I think the action today indicates the distribution process is in full swing, and I think the scenario for 1750 is intact.

I saw many prints above the bid when the QQQ was trading earlier this AM, which appeared at first glance to be stop losses being taken out before a drop. Now it seems these were shares that were bought by the MM's to be sold after another 2% run-up this AM. Very impressive.

We're above the 1973-1977 support now. My guess is that it may hold today, with a low possibly around 1670-1671 today.

SOX looks like it is participating today also. MU staying above $20.



To: Zeev Hed who wrote (1109)10/22/2001 10:44:25 AM
From: Mike M  Respond to of 99280
 
Not only did you call the initial weakness but also the intermediate strength...All that is left for the slam dunk is a weak close....down....

Nice call so far Zeev!