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

To: John Pitera who wrote (40326)	3/13/2002 8:56:56 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

I think your reading could be close to the truth, but the conclusion I draw is a little different, there s a reservoir of selling, and thus eventually that support line at 1880 would "give", once it gives, price will follow. One of the oldest adages on the street is "price follows volume". The fact that the tic never got too extreme tells me that this is a prelude rather than the final heavy selling prior to a bounce or reversal. The market will tell us soon enough... Zeev