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

To: Zeev Hed who wrote (17875)	1/2/2002 11:09:20 PM
From: ajtj99	Respond to of 99280

Good call on JNPR, Zeev. I remember you posting earlier today that it appeared to be basing. Some of these stocks are close to some major resistance that we may have a pullback at those resistance points (EMLX at 44, JNPR at 22, etc) before the final assault. If we are to go higher, the pullback can't be too severe, and the test of today would have to hold. Fundamentally, you could probably say we had a re-test on lower volume, which is bullish. However, anything that happens this close to a holiday and during this time of year has to be taken with a grain of salt.