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


To: mishedlo who wrote (66571)5/13/2002 8:52:01 PM
From: westpacific  Respond to of 99280
 
BFD - we were massive oversold, nothing was proven today, bullish nor bearish. We have some major bearish technicals that occured on Friday that cannot be ignored.

The money folks know they are in trouble and doing everything in their power to turn the beast, they have been in this battle for a month or so now.

Still a day to two more is needed, but remember as we head back up risk long grows more and more. Still oversold as of tonight but by Wednesday that will no longer be the case.

We are seeing tons of games - pick your spots and deal with it - if you trade here expect risk.

Lets see how the data shapes up by Mid week. I still expect more upside into Wednesday or even early Thursday. Friday I expect to be down.



To: mishedlo who wrote (66571)5/13/2002 9:14:14 PM
From: 2MAR$  Read Replies (1) | Respond to of 99280
 
pretty incredible volitility ....like your analysis Mish.

Let's see how they treat IBM CC update tomorrow...and
AMAT's "News"...