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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: bramble88 who wrote (31722)3/10/2003 4:25:45 PM
From: Techplayer  Read Replies (1) | Respond to of 57110
 
bramble, I have not looked at the support levels for the COMP but briefing was saying earlier that the next major support level is 1260. There are 1 or 2 support minor levels in between.

It is interesting that the major indices all ended relatively close to where they were when the rumor hit the trading floors on Friday morning.....



To: bramble88 who wrote (31722)3/10/2003 4:45:51 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 57110
 
I don't really have a good explanation for the high trin level. Maybe it is the same as last week. And as you point out, it could mean that there is now some cash ready to buy a bigger drop.

Tick never confirmed a true capitulation, and the trinq never really got out of bounds, so I'm sure that the speculation will abound tonight.