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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Justa Werkenstiff who wrote (51569)4/16/2002 2:44:25 PM
From: Psycho-Social  Read Replies (1) of 99280
 
JJ: My discipline suggests to me this is a short term bounce.
For what it's worth, I've been getting oversold readings from my key sentiment indicators:
Jake Bernstein's Nasdaq Trader Sentiment 14% bullish/3dy ave, 17% 5dy ave. (Short-Term oversold.)
3 Indicator Ave of Consensus Inc, AAII, Market Vane 30.7% bullish (Mildly oversold, Intermediate Term)

We can and will go significantly higher on the Nasdaq and S&P, but no guarantees re the precise timing.
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