SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DlphcOracl who wrote (26898)2/4/2002 6:10:35 PM
From: Zeev Hed  Read Replies (1) of 99280
 
It is a tough one, minor declines often terminate with one or two sequential readings of -1000 on the Naz, but you got to use that carefully and with other parameters, mind you, after a prolonged period of not having such extreme negative readings, the first few are typically an indication of a major change in the wind direction. Major bottoms, often require more than 4 such consecutive reading and preferably few of these in the -1200 range or worst level. Reading of -1500 or more are often associated with bottoms like the May and the December 2000 bottoms, and the April and the September 2001 bottoms. Today's tick was barely qualifying, thus my belief that we are going to go more or less straight down to the mid 1700, the max upside is now probably at 1880.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News