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

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To: Zeev Hed who wrote (42329)3/20/2002 4:11:22 PM
From: I. N. Vester  Read Replies (1) of 99280
 
Zeev, what's your prognosis after today's stinkiness?
Today showed little sign the bloodletting will end.
Naz pushed down close to 1830, close at LOD, no excessive
tick and no sign of any wish to rally. What do you think
it will take to reverse the downtrend - do you think we
need to see more of a washout, extreme negative tick, etc,
or do you think we can drift a bit further down then
bounce off a support level in the 1800's or high 1700's
even without getting a large negative tick? Spring began
today, but that spring rally seems to be in no hurry.
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