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


To: ajtj99 who wrote (3281)11/5/2001 9:31:43 PM
From: brightness00  Respond to of 99280
 
aj,

I'm quite neutral in my short-term market out look. What most market participants expect usually do not happen. How is this market bottom going to be made? It could be a double bottom, or a dip to test the 9/25 NAZ intraday high, heck even the April bottom may provide a short-term support as the eager shorts from last week try to bug out. It's all a matter of supply and demand. Stranded shorts provide a very dependable support; just look at how many sweating shorts a posting all over trying to convince themselves and others the market is about to drop.

Now that this spring chicken has posted a more bullish piece, perhaps the market is ready to drop ;-)

Jim