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

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To: ajtj99 who wrote (10886)12/5/2001 5:31:34 PM
From: Zeev Hed  Read Replies (1) of 99280
 
Yes, that was the scenario if the 1793 (spike 1815) Nov. high held. Right now, all I can see is a potential 100 more (actually 2160) run here on the Naz (but not at once), and then a period of few months going back to the September lows (the alternative scenario). We almost need to copy the April 3 to late August scenario, with minor modifications. December 14th was quite critical for a number of different reasons and that is only 9 days away, so i would rather see how we behave into that date (do we stop at 1850 or not even get that low or go through it like we went through 1965?), before I can attempt a new update to the scenario. The longer term is still a double plus on the Naz from the recent bottom sometime in the third or fourth quarter next year. As to Justa's question, I would accept a double from the bottom as a major bull move.

Zeev
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