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

To: sylvester80 who wrote (25177)1/29/2002 12:57:50 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Agreed, syl. I believe I posted some very strong arguments for a very strong corrective move last night. I believe we will still have one more shot to short at a higher level than this, but it may be just a re-trace of the move down today. I'll short anything over NDX 1550 right now after seeing this today.



To: sylvester80 who wrote (25177)1/29/2002 4:36:23 PM
From: Psycho-Social  Read Replies (2) | Respond to of 99280
 
Lots more downside?
Respectfully disagree. My indicators show Nasdaq 1880 and S&P 1120 represent oversold levels and 1yr Info Tech Bus Exp (1.5 to 3wk lead) has been rising for the past week. Raised my stock allocation from 25 to 50% today at the close by buying an S&P Index Fund. Expect to profit during the coming weeks and/or months.


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