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


To: TREND1 who wrote (54576)4/22/2002 6:40:41 PM
From: farkarooski  Read Replies (1) | Respond to of 99280
 
the cycle God Carprino said macro low end of April, so sit tight for another week ...



To: TREND1 who wrote (54576)4/22/2002 7:08:11 PM
From: ajtj99  Respond to of 99280
 
Larry, you may get a 1-day bounce, but let's say what this is: This is a test of the pivot low of COMP 1724 and NDX 1322. A breach of those levels brings COMP 1696 and NDX 1300 into play.

Simple support and resistance is all we need to watch here. A failure at one will cause a reversal and test of the other until we "Break on Through To the Other Side".

That side may be up above COMP 1832 or down below 1696.