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


To: Jdaasoc who wrote (2107)10/30/2001 1:38:20 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
securitytrader comments tonight <<All charts updated...see comments from Sunday. We got phase 1 of profit taking off major resistance today......phase 1 is usually quick and violent. We are technically not in downtrends on most indices, but rather a profit taking pullback at this time. We would need to penetrate a support area for a downtrend to be established. We are starting to accumulate some shorts here. The XBD is one index that is going to be a very good short...see that index (^XBD) under the daily drop down.>>end quote---key supports--NDX100/1303 COMPX/1628 SPX/1057. From chatter tonight,market getting into emotional dither regards CC number tomorrow at 10pm--consensus for 95.9/prior 97.6---so a surprise good or bad will be reacted to imo.Max