actio-et-reactio
Balance is but a brief transition between extremes.
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Wednesday, March 13, 2002
Wednesday, end of day
Nuts, closed at 1487, one point below my line in the sand of 1488. Thought there'd be more of a tussle, with at least one more shove higher, minor resistances at 1504, gap resistance at 1519. Maybe tomorrow, partic. as there have been two days of significant down action. 1452 is the next lower target, which is itself in a range from 1440 to 1470. Deep pocket traders are short, day and swing traders are getting mixed signals and are likely flat or taking tight-stop scalps.
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
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