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

To: Zeev Hed who wrote (41447)	3/17/2002 9:22:16 PM
From: fletchb	Read Replies (2) \| Respond to of 99280

I wonder if the NAZ chart will look like this one. talk about gap + crap. finance.yahoo.com^N225&d=1b Fletch

To: Zeev Hed who wrote (41447)	3/17/2002 9:32:40 PM
From: Si_Detective	Respond to of 99280

Zeed, can it be just due to option expiration ?

To: Zeev Hed who wrote (41447)	3/17/2002 11:02:36 PM
From: ajtj99	Respond to of 99280

I said, "Right now we can say the box from the last couple of days is 1848-1880. A rise above 1880 means we're going higher, possibly to re-test 1947 or 1960. A drop below 1848 means we're going to either 1841, 1830, 1821, or 1793. If you buy a breach of 1880 or short a breach of 1848 with appropriate stops, I think some of the uncertainty can be mitigated early on this week." Zeev, this is hardly a controversial opinion. I guess you don't agree with the buying of a breach above 1880. Normally a breach of an important level of resistance follows with a test of a recent pivot high. I guess that high could be 1929 also.