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


To: Zeev Hed who wrote (77359)6/11/2002 6:51:49 PM
From: The Freep  Read Replies (4) | Respond to of 99280
 
FWIW, the NDX did NOT close under the September lows (though maybe it's a low close, now that I think about it). The NDX Sept low was 1089 vs. the 1100 of today.

Zeev, earlier on, you had had a possible turn at 10:30 tomorrow morning. Then I seem to recall after last Friday, you thought it was possible we'd not have a real turn til Thursday morning. I was looking over the economic reports due this week, and there's a bunch on Thursday AM, but also the Beige Book tomorrow afternoon at 2. If the market is looking for an excuse to bounce (besides being oversold), then perhaps one of those will cause it. Of course, one of those reports (or consumer confidence on Friday) might start phase III, too, I suppose.

I see that Congress upped the debt ceiling a little bit today. I wonder if it's already hit the new limit?

the freep