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


To: jjstingray who wrote (30898)2/19/2002 12:17:04 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Well, we breached 1772, so the next stop is somewhere below that <G>. It appears that stop was 1764 COMP. We'll see if it holds. Things are pretty oversold on the short term indicators, so we really are due for some relief here.

However, NDX 1410 now providing resistance, and now dropping back to test the NDX 1400 level again.

In short, I haven't been watching things too closely this AM. There is a big drop-off from this level on the NDX to the next support level, but the COMP is not far from support near 1750. Maybe NDX 1391 may come into play here soon.