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

To: ajtj99 who wrote (62395)	5/6/2002 5:20:00 PM
From: augieboo	Read Replies (1) \| Respond to of 99280

Jeff & AJ, re: support for the SPX. I see three possible places where the SPX might find some modicum of support from here on: the zone from 1016-1018, 998, and 984. stockcharts.com[g,a]daclyiay[d20010901,20020506][pa998!a984!a1016.1!a1018.92!a1018.61!a1017.14!a!f][vc60]&pref=G Questions: 1. Do you agree? 2. Do any of these (or others) offer any real support, or is it just "look out below, here comes 950," from here, (after the sucker rally)? TIA, augie p.s. Here is the relevant data from September-October: Date: Open High Low Close Fri 12-Oct 1097.4301 1097.4301 1072.1500 1091.6500 Thu 11-Oct 1080.9900 1099.1600 1080.9900 1097.4301 Wed 10-Oct 1056.7500 1081.6200 1052.7000 1080.9900 Tue 09-Oct 1062.4399 1063.3700 1053.8300 1056.7500 Mon 08-Oct 1071.3700 1071.3700 1056.8800 1062.4399 Fri 05-Oct 1069.6200 1072.3500 1053.5000 1071.3800 Thu 04-Oct 1072.2800 1084.1200 1067.8199 1069.6200 Wed 03-Oct 1051.3300 1075.3800 1041.4800 1072.2800 Tue 02-Oct 1038.5500 1051.3300 1034.4700 1051.3300 Mon 01-Oct 1040.9399 1040.9399 1026.7600 1038.2400 Fri 28-Sep 1018.6100 1040.9399 1018.6100 1040.9399 Thu 27-Sep 1007.0400 1018.9200 998.2400 1018.6100 Wed 26-Sep 1012.2700 1020.2900 1002.6200 1007.0400 Tue 25-Sep 1003.4500 1017.1400 998.3300 1012.2700 Mon 24-Sep 965.8000 1008.4400 965.8000 1003.4500 Fri 21-Sep 984.5400 984.5400 944.7500 965.8000 Thu 20-Sep 1016.1000 1016.1000 984.4900 984.5400 Wed 19-Sep 1032.7400 1038.9100 984.6200 1016.1000 Tue 18-Sep 1038.7700 1046.4200 1029.2500 1032.7400 Mon 17-Sep 1092.5400 1092.5400 1037.4600 1038.7700 Mon 10-Sep 1085.7800 1096.9399 1073.1500 1092.5400 Fri 07-Sep 1106.4000 1106.4000 1082.1200 1085.7800 Thu 06-Sep 1131.7400 1131.7400 1105.8300 1106.4000 Wed 05-Sep 1132.9399 1135.5200 1114.8600 1131.7400 Tue 04-Sep 1133.5800 1155.4000 1129.0601 1132.9301