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

To: Zeev Hed who wrote (13909)	12/17/2001 3:14:17 PM
From: Rich1	Read Replies (2) \| Respond to of 99280

Cycle guy has low 17th or 18th.... So does Da cheif and some others...

To: Zeev Hed who wrote (13909)	12/17/2001 3:14:33 PM
From: TREND1	Read Replies (1) \| Respond to of 99280

Come on Zeev ! Quick ! Get a EMLX day trade in !!!

To: Zeev Hed who wrote (13909)	12/17/2001 3:16:25 PM
From: TREND1	Respond to of 99280

BIG CHANGES IN QQQ today. Does that mean changes to "the Q" ???

To: Zeev Hed who wrote (13909)	12/17/2001 7:03:31 PM
From: Rich1	Respond to of 99280

Just out of curiosity..That chart shows Friday as the weekly low...Cycle guy had 17/18th as almost a monthly low..

To: Zeev Hed who wrote (13909)	12/17/2001 7:17:39 PM
From: Steve Lee	Read Replies (3) \| Respond to of 99280

Your local high might get pushed out by one day IMO. The QQQ trust holder has 3 days to balance the holdings to take account of the new NDX components. This accounted for the performance of Biotechs today, an effect that may well continue into Wednesday. It is telling that this artificial effect, which should be expected to lift the NDX, failed to break the 8 day downtrending channel, especially as the NDX point gain lead over the comp was eradicated by the close. In other words, even the "exogonous event" of the index reshuffle might not be enough in this "broken" (well, nearly <g>) market to make Wednesday higher than tomorrow.