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was Steve

01/02/03 10:59 PM

#61019 RE: Zeev Hed #61017

there is defintitely some green on the asian scene tonight.
the intraday charts on spx allow for a quick move up in am, but i would anticipate a surge then purge if spx can get anywehre near 920 which is 1.2% above todays close. in actuality i wouldn't be surprised if we open flat then consolidate/fade all day.
steve

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wahz

01/02/03 11:57 PM

#61032 RE: Zeev Hed #61017

Lots of technical damage to the bear scenario tonight, worst than I first realized, and bears are very confident this is a one day wonder. Oh boy. If we do indeed get to 1420-1430, it will be smart to be very open minded.

edit: oh man, the 200 is down to 1446 and going lower every day. Bet that's where we go to at least, before any nassacre kicks in.

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MyHunch

01/03/03 9:06 AM

#61070 RE: Zeev Hed #61017

Good Morning Zeev and All: Zeev, are you back in the Q in the pre-market as per the plan? I for one would like to wait for a little while more to see what the criminals have in store for the day, before committing myself. Any ramp up in the early AM IMO may be a good(quick)shorting opportunity.