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


To: Zeev Hed who wrote (87216)6/27/2002 11:31:10 AM
From: DlphcOracl  Respond to of 99280
 
Zeev: Literally or figuratively <g>.



To: Zeev Hed who wrote (87216)6/27/2002 11:34:08 AM
From: vampire  Read Replies (2) | Respond to of 99280
 
No lunch yet?

Anyone know why market momentarily tanked about 15 minutes ago?

GPT on NYSE



To: Zeev Hed who wrote (87216)6/27/2002 11:34:55 AM
From: anon  Read Replies (1) | Respond to of 99280
 
Zeev, it looks like today is some kind of sloppy looking V day



To: Zeev Hed who wrote (87216)6/27/2002 11:36:16 AM
From: SirRealist  Respond to of 99280
 
The way this is playing out, we may, instead of a straight drop to the bottom like days of yore, be yoyoing through a series of slightly lower bottoms, interrupted by 1 and 2 day rallies that only befuddle.

We should see some window dressing tomorrow. And it's logical to assume that no serious rally can get underway before 7/5 due to concerns about the Fourth and terrorists.

July is starting to shape up as a time of quick shave plays, as there don't seem to be any safe bet swing plays, not even in gold.

Well, longs have no swing trades. Shorts do.



To: Zeev Hed who wrote (87216)6/27/2002 11:41:14 AM
From: DennisToo  Respond to of 99280
 
Back from coffee. I should go more often. My LB for IRF hit @ 27.00 now up to 27.60.... :)

D2



To: Zeev Hed who wrote (87216)6/27/2002 11:50:01 AM
From: michel petit  Read Replies (1) | Respond to of 99280
 
Next stop 1326?



To: Zeev Hed who wrote (87216)6/27/2002 12:24:16 PM
From: SirRealist  Respond to of 99280
 
Wonder about your thoughts on this: stockcharts.com[g,a]maclnnay[d19900101,20020604][p][J4522095,Y]&pref=G

We went to 105.89 today and it looks like that little valley in SpringQtr2000 is providing short-term support at 105.50 (approx)

If that cracks (or should I say 'when') it looks like 97 is the next destination for it.

In the meantime, 109-110 seems to provide substantial resistance.

So is it possible we are stuck in limbo till 110 or 105.5 cracks? That's how it seems to me. And, from a practical perspective, it seems unlikely we can launch any real rally before 7/5 because concerns about terrorists and the Fourth provide a damper.

Meanwhile, we haven't yet closed below the Sept closing low of 1423.19 on NASDy and we've yet to close below 9000 on DJIA bigcharts.marketwatch.com

...which offers several points of soft support via Sept closing prices, before it can bottom.

Still, to me, it's the dollar that sets the agenda for now.

Your thoughts about these and other factors influencing the struggle would be appreciated. And yeah, window dressing tomorrow: will institutions be buying? What? Gold?