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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: ajtj99 who wrote (14576)12/19/2001 1:05:40 PM
From: Justa Werkenstiff  Read Replies (1) of 99280
 
AJTJ99: One more pop is possible as I have posted in my scenarios. Yet note that BP is at same level as April 2000. But the history of bear market rallies goes against the notion of too much upside in the Dow and the S & P 500 in each subsequent bear market rally, so why should the Nasdaq be any different, and has that difference been accounted for already in its performance off the lows? I am comfortable being short here with the VIX making a lower low today without a higher high in the market.
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