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

To: Crimson Ghost who wrote (94848)	7/15/2002 7:14:57 PM
From: ajtj99	Read Replies (2) \| Respond to of 99280

George, the buck is not responding tonight. I believe we may see 103.55-104 on the USD before the local low is in. Until then, we may be in the middle of an options related head-fake. We'll see. COMP breached its lows, so that was not a successful re-test. If it were not for that, I'd probably be more apt to believe this low could hold. I think the SPX and Dow did possibly make their lows today, but 850 SPX and 7900 Dow seem so much better as lows that would spur a better bounce.