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S Chun-Li

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S Chun-Li

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Re: Zeev Hed post# 65135

Wednesday, 01/15/2003 1:51:06 PM

Wednesday, January 15, 2003 1:51:06 PM

Post# of 704019
It took 90 mins since LoD to make a 4 pt bounce on the Nas.

It took three seconds to give up half of that gain!

Not exactly exhibiting strength here. Are you expecting support at 1426/7? Personally, I think support and resistance have become less important in the last 18 mths or so of trading. Seems other forces are at play like the spin that can be put on news and out of hours movements.

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