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To: NOW who wrote (37344)4/29/2002 8:41:22 PM
From: Clappy  Respond to of 209892
 
RE: Poll: 50-60 point NDX bounce before we continue downward. We still have not heard a strong flush.
No signs of exhaustion.

$CPC moving average still has room and $VXN has only just begun turning...
It has a lot more climbing to do.



To: NOW who wrote (37344)4/29/2002 9:09:40 PM
From: Shack  Respond to of 209892
 
delete



To: NOW who wrote (37344)4/29/2002 9:10:06 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I think we get another minor low tomorrow but that will conclude this wave I think and we should bounce 80 to 100 NDX points.

But looking at the volume on the QQQ May 32/33 calls today, I think the bulls are looking for much more assuming those are new long positions. I see bull pain heading into expiration.


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