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


To: Steve Lee who wrote (28517)2/8/2002 8:38:55 AM
From: ajtj99  Read Replies (3) | Respond to of 99280
 
Old trick - gap up over resistance. Watch for this to open above COMP 1790-1793 level. Resistance above at 1802-1807. A break above 1807 will generate a short term buy, but that is very short term. Touching those levels and reversing below 1793 will initiate a test of 1782 and more likely a drop to 1740-1750 level. Good luck, everyone.

I will be busy much of the day, so I'm just looking to get out of my calls and hold the March puts I've got until this resolves.