re: bear bottom - volatility says pivot Agree, though 8242 is...

  1. gaweb
    2,154 Posts.
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    30/01/03
    13:33
    Post #: 115562
    re: bear bottom - volatility says pivot Agree, though 8242 is resistance (prior support).

    The swing was huge on increasing volume, but December lows were convincingly broken, so the way I reqad it if this rally lasts more than three days then prior support is at 8565.
    Pending on news, I'll be shorting at that ~8565, only if this market is green for three days straight, otherwise all bets are off and an attack on October lows is on the cards. Sold LSG today and XSP puts today.
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