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

To: Zeev Hed who wrote (5019)	11/12/2001 10:53:14 PM
From: ajtj99	Respond to of 99280

Futures don't seem to be up too much on the news: cme.com However, I don't think too much of 10:45PM futures prices. The morning ones are what count. 1864 COMPX is within range, and that would be about a .786 re-trace of the drop to 1762. I'm more concerned with what happens after we top and most likely drop to 1754. It appears if there is a bounce at that level, it should be contained by either 1793 or 1802. If we double top at 1848, a drop to 1754 and a rise to 1802 would be a 50% re-trace. It seems too logical to actually happen.