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Re: Zeev Hed post# 101852

Friday, 04/25/2003 11:37:43 PM

Friday, April 25, 2003 11:37:43 PM

Post# of 704041
I'm looking for a test of the 1336 COMP low on May 6. I anticipate the COMP may hold, but the NDX may make a lower low than 1020 or 1015, setting up a divergence that we'll take care of after expiration.

Max Pain for May was around 26.50 QQQ last time I checked, so that would leave about 40-50 points for a bounce, enough for a 50% re-trace of a drop.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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