No, Zeev is not Arch Crawford, but from what you guys are talking about (June 10th, is that his bottom?), Arch might be reading here about the Nassacre (g). By the way, that June 10th is pretty close to the end of the turnip's second leg in the Nassacre, right now, I have Wednesday June 12 around 10:30 or so in the morning as the target second leg of the Massacre's bottom. Furthermore, just completed Turnips analysis indicates that my earlier suggestion of 140/160 from the recent top (I am taking 1697 as the top) is a little shy of what the current, hot off the press (g), Turnips forecast is, they have reduced the next through to 1519 (nominal, take plus/minus ten Naz points as a range). Another important factoid from the turnips, there is an outside chance that the second leg will be the last leg of the Nassacre, Particularly if the sequence of 6/7, 6/10, 6/11 and 6/12 (in the morning) have Grand negative ticks (GNT) on the Naz. If the second leg becomes the last leg, and we get the desired GNT sequence, the bottom on June 12th, or there about, will be much deeper than 1519, (right now I have a tentative bottom, in that case, of 1439). Maybe Crawford sees a black Monday on the 10th? That would be congruent with Friday and Monday having GNT (g). If we do not get the sequence of GNT, or at least three such GNT within the four days period mentioned, be ready for the third leg of the Nassacre. Barring a "desired" sequence of GNT, the week of the 12th to the 18th, should see a run of about 45 to 65 Naz points from the bottom in that week (nominal target right now for the bounce is about 1574/84).
I wonder at what point Hal is going to give up and give a sell signal?
Zeev |
