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


To: Mike M who wrote (64995)5/9/2002 6:01:07 PM
From: Jeffrey S. Lillie  Respond to of 99280
 
Just a feeling I have based on looking at a chitload of charts over the last few hours. In order to maintain this rally things can't go down or we will negate the monster ramp job of Wed. Gap up is easier than generating buy side interest these days. So it is my belief that we will gap up ideally (15-20 nas points). If buyers come in I think we can move up to about 1680 before 10am. After that, its a crapshoot. (so is the morning) But my bets are placed in BRCD and EMLX.
However, I would not be surprised to see us go down. Sometimes I go with my gut. This is one of those times.
Jeff