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

To: longdong_63 who wrote (61966)	5/6/2002 12:43:00 AM
From: Robert New	Read Replies (1) \| Respond to of 99280

I agree we bounce soon...latest COT figures show them covering their shorts and are pretty much flat now re the Nasdaq which is a major position change over the past month. Also the 5/10 day Trin is at levels that are considered bullish. NDX bullish percents at levels that normally indicate a bounce. Bearish sentiment on this thread. ARMS index, etc. 7 of last 8 weeks down on the Naz. I could go on. Not looking for a major rally just a playable bounce here...Ive got to think the shorts feel some pain before the next major leg down...