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


To: LTK007 who wrote (13681)12/15/2001 3:05:25 PM
From: ajtj99  Respond to of 99280
 
Max, another way of looking at things is that the rally above the 1934 level was a fake-out, and any initial drop below the 1934 level could also be viewed as a fake-out.

In other words, if we don't know where the market should be going, we won't let it drop too much below or go up too much above this "sweet spot".