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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Petrol who wrote (13126)2/28/2002 4:10:40 PM
From: Susan G  Respond to of 26752
 
of course they do! (the cynic in me is runnig rampant this month in this market <g>)

Just covered all at 1358, unreal...

This area is short term support now, it held several times and is already back at 61 again.

And if 1730 holds the Nas could bounce, it did close over.
Barely, but it held. May be a double bottom.

Or we may just crash right though it at the open...



To: Petrol who wrote (13126)2/28/2002 4:14:03 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
Petrol look at the DOW 5 min chart, how that bearflag right before the close just fell right over. Never even made it back to the 20 EMA and all the flags and wedges did all day long..

The NQs are selling again, as they close and the volume is much higher than it usually is at this time. They all wanted out fast.