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


To: Zeev Hed who wrote (3585)11/6/2001 11:01:52 PM
From: Kayaker  Respond to of 99280
 
such a high tick is a blow off

There was a note (via Hays) re the tick last week. Following the 5 prior occurrences ('97-'01) of a closing NYSE tick in the 1100+ range, the Dow dropped from 270-500 points in the following 2-6 days, but in most cases, moved to new highs in the following weeks.

So, those turnips are still lookin' purdy to me. Don't forget to cover them up at night; there's frost in the air.