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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: KevinThompson who wrote (17901)5/20/2002 5:02:56 PM
From: Susan G  Respond to of 26752
 
This happens often after they ramp em up on options week, Monday shows the true colors.

Last week was manipulation week <g>But as far as a good pullback, that was a healthy one, major support held.

so far.

everyone is watching this pullback for clues, to see if that was short covering - that entire rally or real buying. This week will tell. Several newsletters mentioned they are watching the "quality" of the pullback closely.

But I think if that gap does not fill and get it over with, we will fill it from a higher level eventually. That's scarier than getting it over with now!

That gap was STRONG today, buyers there because it was also nas 1700 support.