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

To: ajtj99 who wrote (42132)3/20/2002 9:16:12 AM
From: JRI  Read Replies (1) | Respond to of 99280
 
Yeah, I'm looking for boring, not dramatic down after the bounce....but down nontheless and worth playing...

A bounce that doesn't stop today at these levels would be unbelievably bullish short-term, IMO....that doesn't add up to me given current sentiment levels, and the historical strength of indices in early/mid April....IMO, we need to correct for the next leg up (and then bigger down), and I think the next couple days are a good time to do it...



To: ajtj99 who wrote (42132)3/20/2002 9:19:53 AM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
AJ, looks like we may bust right through 1491 on the open. What is your next target down?



To: ajtj99 who wrote (42132)3/20/2002 9:51:17 AM
From: JRI  Read Replies (2) | Respond to of 99280
 
Market trying to hold at that 1485 level you mentioned....I hope we do get to 1505 (as you think). although I'll probably be entering a bit earlier

edit: this may be the bounce.



To: ajtj99 who wrote (42132)3/20/2002 9:59:24 AM
From: JRI  Read Replies (2) | Respond to of 99280
 
Better bust up here, or another leg down coming, I reckon...


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