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

To: Justa Werkenstiff who wrote (49868)	4/10/2002 9:56:50 PM
From: Smart_Money	Respond to of 99280

Quality post Werken, well said!

To: Justa Werkenstiff who wrote (49868)	4/10/2002 10:00:26 PM
From: orkrious	Read Replies (1) \| Respond to of 99280

QQQs had a rickshaw doji which is indicative of a reversal of sorts. Justa, how high do you think they can take them?

To: Justa Werkenstiff who wrote (49868)	4/10/2002 10:30:12 PM
From: ajtj99	Respond to of 99280

Justa, I would tend to agree with what you are saying. The reversal in the COMP looks real, but I doubt it will be good for much right now. If we go up, we may come right back down and re-test this level before any decent gains can be booked. Maybe a re-test comes early or late next week. That makes for good trading, but it is hard on the nerves. The Dow is so close to the recent highs that one or two good days could put them within reach. I don't doubt that the Dow could hit new highs. The higher they rise, the harder they fall. I wonder if the Gross piece had anything to do with the Dow run above resistance.