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


To: bobby beara who wrote (15709)12/23/2001 12:31:27 PM
From: Chris McConnel  Respond to of 99280
 
Looking at the graphs, it seems the market is at some inflection point.

If there are too many betting on a retrace to Sept low (or 50% of the move, 1400s on the NDX) then is it less likely to happen? Reminds me of the quote "The market moves in the direction most likely to hurt the most."