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


To: ajtj99 who wrote (45824)4/2/2002 2:24:56 PM
From: Justa Werkenstiff  Respond to of 99280
 
AJ: Re: "I've been of the opinion that a sustained rally needs much more fear and capitulation that we've seen. A breach of 1800 and NDX 1400 may get the fear needed. It will also help achieve Max Pain."

Take it down to take it up. Makes sense. Thursday is historically the worst day of the year for the Nasdaq FWIW. Whatever. Calling a trend in this market can be perilous.

Re: " This is not going to help our beloved $BP charts at all."

You know my feelings. It was just a matter of time before they started to bark one by one as part of a topping process.

If market closes here at these technicals or worse, rising wedge on $NAHL would be breached it seems.