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


To: ajtj99 who wrote (8177)11/26/2001 4:24:53 PM
From: Mike M  Respond to of 99280
 
Yeah, or not. I suspect closing at 1941 tells us we will go higher sooner or later. All indexes are positive. A/D line is tight suggesting we are topping but can do that for a few days to a couple weeks. Usually, when we get into this mode stocks look to bounce around fake lower and then struggle higher for days. Just cause this is a N over D (Naz over the Dow) doesn't give cause for an immediate correction. Bulls worst opening tomorrow would be a surge higher which then reverses. Bears should be wary of a gap down opening that reverses during the day.

I doubt the 1903 gap fills until after the market tops unless we are going an awful lot higher in this move.