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

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To: DebtBomb who wrote (51108)4/14/2002 11:52:33 AM
From: ChrisJP  Read Replies (3) of 99280
 
Hi Dale -- So, are you predicting this is the bottom ??

Ohhhhh yeah .... who dumb do you think I am ? Ummmmmmm ... please don't answer that !! lol

I'm just saying that we are much closer to the bottom than to the top. Could the NASDAQ go to 1200 - 1400 ? Sure, anything's possible.

The economy's not going anywhere fast, earnings are gonna suck, there are still a bunch of companies that need to merge or go under, and I'm sure that NASDAQ stock company execs are itching to sell shares, so there is still lots of pressure on stocks.

Maybe when the NASDAQ 50 dEMA crosses above the 200 dEMA, I'll be able to say that the markets bottomed.

Chris
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