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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Smart_Money who wrote (53402)4/19/2002 9:03:07 AM
From: DlphcOracl   of 99280
 
Averaging into the Nasdaq now, at the beginning on the traditionally weak (May through October) weak season for the Nasdaq makes little sense to me. There is a strong possibility that Nasdaq will be between 10-20% lower during that interval. Given that I think an optimistic Nasdaq high over the next twelve months is 2250-2300, I'm not jumping aboard the train just yet.
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