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


To: jjstingray who wrote (58319)4/29/2002 12:16:49 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
jj, a breach of 1074 SPX is very bad, but not unexpected. We need to bounce to relieve some of the oversold situation. I'm just not sure what level that bounce will come from. A lot depends on what the SPX does. If it drops below 1073, it may drop quickly to the 1053-1060 level, taking the other indices with it.