actio-et-reactio: for every action there is a reaction. In the background is a sketch by Leonardo da Vinci-teeter-totter- a symbol of how tenuous is the balance between extremes

actio-et-reactio

Balance is but a brief transition between extremes.

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Wednesday, March 13, 2002

Wednesday morning - NDX range comments

Bounced quite a bit between the 1504 caution and 1511, the bottom of the bullish range. 1504-1492 is the get ready to sell range. A clean break of 1488 puts us in the clearly weak zone. Not losing sight of the fact that this is OE week, which is also a triple witch, adding an even greater dose of uncertainty to the usual chaos.

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posted by Ana Maria @ 11:53 AM :: permalink




moon phases
 

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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