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

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To: Zeev Hed who wrote (16975)12/30/2001 8:17:43 AM
From: Jim Cash  Read Replies (3) of 99280
 
I want to present something that no one is talking about. Usually a long term retest takes about 6 months to develop. I think it is possible that during September we were in the process of this retest until the events of September 11th induced a panic selling . The retest of the low of the Bear Market may have been in Sept and it is being ignored since a cataclysmic event caused the market to take out the prior low. Take a look at this link

nasdaq.com`&selected=QQQ&FormType=Institutional

The big boys knew the game and look at what they did.

I really hope I am wrong as I had 100K earmarked for QQQ Leaps during the Sept lows but I kept waiting for at least a short term retest that didn't come.
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