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


To: Zeev Hed who wrote (4889)11/12/2001 2:36:03 PM
From: LTK007  Respond to of 99280
 
1829 is break point on my one-minute wedge drawn from 12:19pm.Max



To: Zeev Hed who wrote (4889)11/12/2001 2:40:19 PM
From: t2  Read Replies (1) | Respond to of 99280
 
Zeev, What is the chance of seeing the same pattern that we have witness on Wednesday and Thursday..that is, big spikes followed by a sharp selloff to near flat levels combined with that flat Friday.

Just makes me wonder how long this pattern can continue before it stops. It has got to move quick one way or another..a sharp drop or a dramatic rise...of course I am hoping for the latter.
If the DRAM market is turning positive and this is proven (so far MU trading is saying YES--which I luckily got long this morning), I would bet on a major rally in the semis along with the rest of the Nasdaq...a breakout past your 1840 level.

The rebound this morning just tells us how much support there under this market...at least I sure hope there is because my daytrading is a call for a strong close. (MSFT, INTC strong today--biggest stocks on the Naz)

jmho