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


To: Haim R. Branisteanu who wrote (96117)7/19/2002 10:28:22 AM
From: sylvester80  Respond to of 99280
 
Fluctuate? Nahhh.. Softie and Max think stocks only go in one direction. LOL. I think they will be the last standing perma-bears when the market is back above 1600. They'll setill be waiting for Armageddon at 600. LOL



To: Haim R. Branisteanu who wrote (96117)7/19/2002 10:31:29 AM
From: Softechie  Read Replies (1) | Respond to of 99280
 
Kiss of death...Nasdaq holds above recent lows -- Technical --
The index is still in the bearish camp but it has thus far held above the lows of the last two weeks (1323 and 1315). Initial resistance is in the 1348/1350 area with the top of today's gap at 1356. It will, however, take sustained follow through beyond the 1360/1370 area to improve the current bias. A reversal back through 1336 and 1330 argues for a run at the recent lows.