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


To: 16yearcycle who wrote (90351)7/2/2002 4:39:18 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
You are right, a typical price volume reversal. It could retreat about a buck from here, but it should be a good bet for a nice run from there.

Zeev



To: 16yearcycle who wrote (90351)7/2/2002 5:09:22 PM
From: Robert New  Respond to of 99280
 
CHKP was downgraded by many firms the past two days...so many that I had to go long given the confluence of negative news there. Tell me those same firms that were downgrading weren't on the buy side today!!! Very nice high volume reversal on the day...too bad the market didnt follow suit.

I think some of these houses want some of these tech shares as low as possible to secure a low entry...jmo...



To: 16yearcycle who wrote (90351)7/2/2002 5:22:51 PM
From: Bill Harmond  Respond to of 99280
 
Message 17686936