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Re: Zeev Hed post# 12394

Tuesday, 08/06/2002 7:58:27 PM

Tuesday, August 06, 2002 7:58:27 PM

Post# of 704047
Zeev. . . I'm just now catching up over here, and you may have addressed this already, but I'm curious about your take of the NDX making a lower low yesterday while the Naz did not.

It certainly could be a viewed as a double bottom on the NDX (second bottom slightly lower on lower volume can often be bullish), but of late, the NDX has foreshadowed the Naz moves. This gives my "inner bull" lots of concerns, as does the seemingly endless supply of equity call buyers (and the lousy chart patterns in a host of financials).

the freep



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