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

To: baggo who wrote (19447)	1/7/2002 7:35:25 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

No, we went down, bounced at 1918, went up above 2000, and dropped and tested support at 1934. If the underlying support fails, the next target could be the pivot low at 1918. That could actually work into complex H&S formations that may be forming on the indices, allowing us to rise again in the Spring to and possibly above the necklines before a drop to resolve the formations to the norm (down).