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

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To: Zeev Hed who wrote (39573)3/10/2002 6:55:10 PM
From: jjstingray  Read Replies (2) of 99280
 
Zeev, I was looking back through some of the messages on the board and wanted to ask you about one. On Feb 10th you wrote (29144) that we should have a run to the 2250 area for the April/May time frame. But, you also said that the 2250 number would be adjusted based upon the "quality" of our bottom at the time. Well our bottom only went to 1698 or so and you were looking for the 1638 level. Since we did not put in the type of bottom you originally were looking for, isn't it likely that the 2250 number should be taken down a notch?

I know it is highly unlikely seeing as how much strength we have in the Naz currently, but is it possible that this is all options related and that after expiry we go down and put in a more solid bottom?
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