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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (15573)12/21/2001 11:05:31 PM
From: Justa Werkenstiff  Read Replies (1) of 99280
 
Zeev: Re: "Justa, whether or not we get a retest of an kind in the next ten days will probably not change much the bullish tone in January...."

Depends on what happens in the market price wise and its technical backdrop. I am seeing a market that reminds me of the end of June right now. For example, I see the VIX making a low close for the move today in a downtrend which could stick it at below 20 at the end of the month. This was the low for the rally in the Spring. That June month was no mistake. The houses were selling the market hard going into half-time and they may be set to do it again into the end of the year. But I suppose it would be too obvious for that to happen. But the general trend is in that direction anyway.

Re: " but will change the general nature of the market thereafter."

Makes sense.
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