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


To: Rich1 who wrote (89581)7/2/2002 6:54:36 AM
From: ajtj99  Read Replies (3) | Respond to of 99280
 
Man, that's a bit optimistic, Rich. I'm watching what happens at NDX 980. I think that support may hold. If it doesn't, I'll watch COMP 1475-1480, the next line in the sand.

I'm not going to get real excited about any bounce unless we can take out 1018 NDX on a bounce. Until then, any long will be white knuckle, IMO. If we get a divergence in the NDX and COMP re-test, I believe the 1018 NDX level will not be surpassed on any bounce.

We'll see.