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


To: Jeff who wrote (59077)4/30/2002 12:17:01 PM
From: Mike M  Read Replies (2) | Respond to of 99280
 
Pretty good synopsis, Jeff. However, bear rallies from heavily oversold can be a lot longer than a few days...as you know. I suspect that if the DCB materializes in the late summer, it will last over a month and be pretty impressive fireworks as it lassoes in the "bagholders"...



To: Jeff who wrote (59077)4/30/2002 12:22:45 PM
From: ajtj99  Read Replies (3) | Respond to of 99280
 
Jeff, if we get by 1696 (which was breached by the way) we should have another run to around 1750 COMP, IMO. After that, I'd be pretty wary of being long anything. We might get to 1770 to close the gap, but that's it.