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

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To: Jeff who wrote (57011)4/26/2002 11:34:45 AM
From: Jeff  Read Replies (1) of 99280
 
i know this is hard to imagine for most folks.....

but in order for a sept retest to even happen....first that 1696 had to break......

well...it made a lower low.....

so the door is now open for a possible trip to 1400's....

its just a question now of how we get there....

either one straight slow bleed down......

or

one more sucker rally toward that gap at 1780-1795....or a lower high in the mid 1700's before more down.....

the breaking of 1696 is bad folks....make no mistake about it.....

the bear pattern continues from 2000 of lower highs.....

and now...since the brief bull run from sept 11.....the pattern has begun to make lower lows again with the breaking of 1696.....
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