Zeev's Turnips - No Politics Message Board

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

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To: TREND1 who wrote (51962)	4/16/2002 7:52:35 PM
From: Jeff	Read Replies (5) of 99280

from nasdaq 1724 to 1816.... hal already missed 92 pts of the rally.... watch how fast he turns to sell as we are nearing a high for the rest of the year.imho the crap always runs near the top....WCOM,NXTL, JDSU.... to see the fate of stocks like these that get tainted and sink under 5..... look at one year charts of last years crop of tainted former darlings....lots of headfake runs....and back down again....SCMR...ARBA....INKT..CPST...ACPW...SONS.... once they get in that under 5 range....its like trying to get out of quicksand..... btw.....for the bulls and bears.... first sign that we "may" be out of the bear market is breaking that 1946 top....breaking it hard....and holding above it on a retest.... until then....if this next high is lower then 1946....and we start rolling over again.... its going to get ugly.... so remember... " you might be a bull market if" you take out 1946 hard and hold it.... imho.

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