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

To: edboyl who wrote (58758)	4/29/2002 5:02:11 PM
From: Jeff	Respond to of 99280

eddy....were you watching that today after i made that post..... slight run into 43.00....then the bottom fell out to 42.00.....blew out the years low at 42.55.... then it looked like nothing more than a short squeeze ramp near the end..... anyway.....wherever its next run up ends....and it starts down again....it will likely make its last high for a long time....and the next fall could be brutal at times.... the SPX breaking down was a major factor today...... most folks lose money because they follow either the dow or nasdaq...or some individual stock to judge the market.... well the dow is 30 stocks and can be held up by just buying a few....and the nasdaq is a pure gamblers market where most runs are just pump and dumps with short squeezes thrown in for good measure... but when the SPX talks....you better listen... :-)