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

To: Zeev Hed who wrote (90133)7/2/2002 2:42:50 PM
From: Softechie  Respond to of 99280
 
Even if Nasdaq closes above 1375, Dow will drag t back down! Dow has a giant 1000 points gap for the test...



To: Zeev Hed who wrote (90133)7/2/2002 2:43:47 PM
From: michael97123  Read Replies (1) | Respond to of 99280
 
This is agony my friend. All that time above those inflectin points and never got more that 2 points above. Now on both 1375 and 980 exactly.



To: Zeev Hed who wrote (90133)7/2/2002 2:50:16 PM
From: epsteinbd  Respond to of 99280
 
Right at the 1375 juncture, on the way down, or 1380 on the way up, any hedge fond with less than fifty M$ can trigger a move that will go either side for at least an hours and 1.5%.
It happens often and I don't see it being PPT hand.
Just some people working their odds, pushing their wedges, widening their fracture points.
Possibly a couple or more teams do some phoning with "tasting the water?" kind of comments.
Woops, 7O..., damned!


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