Zeev's Turnips - No Politics Message Board

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

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To: ajtj99 who wrote (50460)	4/11/2002 10:55:28 PM
From: Jeff	Read Replies (3) of 99280

There is a gap from 1305-1311 COMP, I believe. I've mentioned it twice recently, but nobody has said boo about it. Either I'm on ignore (very likely), or most don't see it or care about it. It's significant, IMO. 1306 also works in a strange fib sort of way, which I outlined about a week ago in a midnight post. i'll say "boo" about it dude..... just a lurker here, i figured SI would be toast by now, so before this forum disappears.... i'll give my two cents about my take on the market..... this 1700 to maybe low 1800's will be the high on nasdaq for a long time. this market after it whipsaw's here, will head to the 1400's...maybe dip to 1300's..... perfect time would be mid to late june.....then as everybody is away for the summer....da boyz start moving it up into july....august....and a ramp in september as folks are getting back in the market.... that will take it back to the 1700 to low 1800's..... then the final phase of the bear market starts from this area as nasdaq falls for 6 straight months.... next year at this time.... MSFT....high 20's to low 30's QCOM... has gaps to fill at 10 and 15...see you there... CSCO...5 to 7.... JDSU.... 1.00....if its still there my strategy....simple..... look for bounces to short knowing i can hold to 1400's.... then go long for the last short squeeze and last sucker rally ramp job back up to the 1700's.... then short often and hold em long as the final leg kicks in to nasdaq 1100 or lower by next year at this time..... now my timeframes are.... june low....summer ramp.....and the death to the bulls.....long slow bleed down starting end of september..... there won't be any bulls left after that..... in this day .....when things happen faster then in the past....these timeframes can be speeded up some but the numbers in my model line up..... down to 1400's.....back up to 1700's.....crash slow bleed to 1100..... that takes us into next spring..... all just my humble opinion.... but i notice a few others here are seeing something just like this..... i feel bad for the longs who believe in this market....

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