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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (90405)7/2/2002 7:01:07 PM
From: 16yearcycle   of 99280
 
Well, God help me, I now have an even more extreme set of readings than last week, getting me back to expecting a 20% pop off the bottom, with 25% possible but not nearly as likely. The target of a bounce to 1620 is likely again, as long as we don't drop too much farther first. The only thing that keeps me from being confident(believing) in the number, BESIDES YOU, is the season. A huge rally now has no historical basis. It would be more likely that we just keep selling off to 1000 in late August.

So I'll stick with your mid 1550's until its proven wrong. Funny how if today was the low that a run to 1557 would be the same % gain as the late Feb run.
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