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Strategies & Market Trends : Asia Forum
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To: Stitch who wrote (882)1/15/1998 9:12:00 AM
From: Zeev Hed   of 9980
 
Stitch: My turnips are on record expecting a declining market from about here (maybe a week later) to the Ides of March, then a spring rally followed by a retest of late winter's low. That minibear, according to my turnips, started early October and will have three legs, the first one, we already had and it terminated with year end rally and the Januar effect (which I believe will terminate just around here), the second leg should bring us deep into the 6000 and third leg (starting sometime in May?) will end with a retest of the Feb-March lows around 6200. After that, my turnips are seeing quite a strong market. That is what I meant by retrenchment.

Zeev
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