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Re: Zeev Hed post# 304755

Saturday, 10/02/2004 2:27:49 PM

Saturday, October 02, 2004 2:27:49 PM

Post# of 704041
Zeev, I see you're noticing the COMP 200SMA at around 1965. That may also coincide with an SPX double top at 1146.

I was looking for a zig-zag to test 1820-1833 COMP, but we took off.

This move reminds me of the launch from early April 2003 through June 2003. The only pullbacks were when the NDX got about 50-points above the 13-EMA, and we usually dropped to test that area at a higher level. The largest pullback was about 80 COMP points during mid-May 2003.

I think we get a dump like May 2003 for November expiration, but not October. We'll see.

http://www.investorshub.com/boards/board.asp?board_id=1613
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