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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: sylvester80 who wrote (28885)2/8/2002 11:28:57 PM
From: ajtj99  Read Replies (1) of 99280
 
Syl, I can see 1250 or so COMP maybe the 2nd time down below 1387. I think the first time we breach that level we'll stop around 1343, which was the crash low on Oct. 8, 1998. It also seems to fit the parameters of a slow, unwinding of the excesses of the last decade. It also meshes well with the next support below the Sept. 21 low for the SPX at about 880-900
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