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

To: sylvester80 who wrote (28885)2/8/2002 11:28:57 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Syl, I can see 1250 or so COMP maybe the 2nd time down below 1387. I think the first time we breach that level we'll stop around 1343, which was the crash low on Oct. 8, 1998. It also seems to fit the parameters of a slow, unwinding of the excesses of the last decade. It also meshes well with the next support below the Sept. 21 low for the SPX at about 880-900



To: sylvester80 who wrote (28885)2/9/2002 3:40:16 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
if we get to the 1600s the whole number 2000 will become a greater point of resistance than before---the buying pressure at 2000 would have to be awesome to rip through it--the over hang at 2000 would be to the bull what kryptonite is to supeman:) if we get into 1600s.
Me,i just watch the indicators,and they are saying 1600s can happen as of this moment in time.


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