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

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To: Zeev Hed who wrote (45196)3/31/2002 8:19:09 PM
From: Challo Jeregy  Read Replies (1) of 99280
 
Zeev, the first thing that I noticed in the turnips model -
Message 16842549 -
was the weakness of the nasd vs. the expectation -

In January I expect a run to at least 2123 (possibly 2160) and probably within the first two weeks.

Absolutely perfect call - however, the nasd top was 2099 on Jan 9.

Then a mild decline (no worse than 1960 or so, probable bottom at 2010) lasting most of February.

Another perfect call - however, the nasd dropped to 1696, on Feb. 22. That was the target you were looking for in June. Due to such weakness, have your turnips altered their target for the April/May rally? Actually, I think they did, but don't remember what the target is.

And, since we already hit your June target for a bottom, I would think we could either have a retest of that low in June, or lower lows. A simple retest could propel us up into that "powerful" July rally that the turnips see.

edit - just read your follwing posts - they answered my thoughts -ggg
Message 17266660
Message 17266672
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