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

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To: Zeev Hed who wrote (3658)11/7/2001 11:35:24 AM
From: 4rthofjuly007  Read Replies (1) of 99280
 
Hi Zeev. Great work!

I am curious about what the turnips were looking for after the May high. I see similarities between the current rally and the April/May rally and am wondering if we may see a rolling top with peaks and valleys following a gradual downtrend as we did this summer as opposed to the month to 5 week decline tto re-test that the turnips see.

Would a decline to support at 1754 with another rally to the low 1900s make the ensuing decline one that potentially "drags out" over months or would it make the decline even more rapid for a re-test?
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