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

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To: orkrious who wrote (14027)12/17/2001 9:09:59 PM
From: Justa Werkenstiff  Read Replies (1) of 99280
 
Ork: Re: "Justa, what are your thoughts on where we go from here?"

Yes, I have some thoughts. I have worked out three scenarios and they all somewhat different and are very complicated. So put your thinking cap on and focus. Take a deep breath. Here we go:

Scenario I: Nasdaq 1450 by April.

Okay, hold on now, if that one does not work out then here is my second alternative scenario:

Alternative II: Nasdaq 1450 by May

Stay with me now. Now if something unanticipated comes along, then I go to the third alternative:

Alternative III: Nasdaq 1450 by end of June.

I don't know how we get there. My thoughts now are that it runs like the last bear rally from May to September and that it will take some time to work out. I cannot ignore the possibility of a higher high here (less probable) or in January (more probable than now but still unclear) although I wish I could. And I cannot ignore the possibility that the low coming as dictated by these scenarios will not be the final low of the bear in that we may have another retest in the Autumn. Those are my thoughts.
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