Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (6310)	11/16/2001 7:59:35 PM
From: ajtj99	Read Replies (1) of 99280

I'm curious, since I didn't watch technical indicators during the 1999-2000 bull run (dumb luck, F/A, and imaginary numbers seemed to work just fine), how do these overbought signals on everything compare to what was seen back then? Did we get 0.50 put/call ratios and still keep going up? Did we get stochastics overbought for more than a week at a time? I think not, but I was not watching. I'm just trying to understand where we're at right now in a recent historical perspective. TIA. I'm looking for a correction to at least 1740 near term (2-3 weeks). After that, I'm open to anything as long as I'm on the right side of it <G>. Interesting that anon's cycles indicate a possible high on 12-11, although that could be a lower high like 1793 or something. I thought we'd see 35.5 by now, not 33 QQQ. I was thinking 32 to 33 in early December. I think it was George who said this week was all news driven. As soon as the news dries up from Afghanistan and the focus gets back on the economy, the market may find its enthusiasm tempered quite a bit.

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