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


To: Rich1 who wrote (33367)2/26/2002 6:29:25 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99280
 
We eventually break 1074.....

GZ



To: Rich1 who wrote (33367)2/26/2002 9:27:31 AM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Rich, I think we could be range bound until after options expiration. That may give us the opportunity to drop and finish the correction. We'll find out today or tomorrow whether this rally has any legs.

My guess is we have to stop at a point that gives the bulls pause, consolidate below, then drop to final support. That may take a few weeks with the EOM, BOM, and options expiration in front of us.

I think many of us are starting to feel the same way. This is potentially the type of market that can be murder on options, so I'm staying away for now until the picture is clearer.