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


To: Zeev Hed who wrote (65553)5/10/2002 3:33:38 PM
From: jjstingray  Respond to of 99280
 
I think the short covering rally at the end of the day will dictate how this market will behave next week.



To: Zeev Hed who wrote (65553)5/10/2002 3:36:57 PM
From: Softechie  Respond to of 99280
 
Shorts would have covered by now and it doesn't seem like it. They're going to hold it over the weekend...I guess more turmoils over middle east.



To: Zeev Hed who wrote (65553)5/10/2002 3:37:01 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 99280
 
Zeev: Re: "I don't expect them to run for the exit on the close."

You are correct, sir <g>.



To: Zeev Hed who wrote (65553)5/10/2002 3:37:54 PM
From: westpacific  Respond to of 99280
 
Agree Zeev, just not willing to cover - MC O so oversold this market could crash - lets see what happens when the 60 min chart reaches oversold, one more day there for that to happen. May see some covering on Monday, news events of this weekend key here.