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

To: Softechie who wrote (13571)12/14/2001 1:55:10 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
Looks like today is a pump job, albeit a failed one. NDX is down but the four major components - MSFT, INTC, CSCO, QCOM - are all up. These are the four to pump if you want to get the market up. Alternative scenario is an end of rally flight to quality. Either way, looks like there is some serious downside coming in the next few weeks.



To: Softechie who wrote (13571)12/14/2001 2:04:35 PM
From: LTK007  Read Replies (2) | Respond to of 99280
 
techie words of wisdom,"slippage" beneath a resistance point means nothing--in fact in a dip buying market it is a time to NOT to say timber---timber is for when a sheer cliff line develops after a breakage of resistance---


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