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

To: jjstingray who wrote (50227)4/11/2002 3:03:09 PM
From: LTK007  Read Replies (2) | Respond to of 99280
 
<<has been defended vigorously>> major breakdowns in the past we have seen 'desperation' money being thrown and thrown at a key support, the more times they have to do it, the worst the indication. We now have nothing but desperation propping going on now.
It will take a sledge hammer dose of reality to the brain for these tape defenders to give up. But these repeated support defensings are a sign we are going to go down--they simply are going to run out money.
There are MASSIVE invested interest to hold this market up--- it's gets pathetic to watch at times.



To: jjstingray who wrote (50227)4/11/2002 3:14:23 PM
From: Smart_Money  Respond to of 99280
 
I expected a 3:00 rally but since we did not get it then everyone will head for the exit before 4:00. Only problem is the door is not big enough. edit: post was directed to DOW.


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