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

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To: Zeev Hed who wrote (73165)5/30/2002 7:27:27 PM
From: DlphcOracl  Read Replies (1) of 99280
 
Just a hunch, but....

I think the Nasdaq will make its short-term low for the summer sometime in the third week of June (June 17-22) and I do not think we break or even get to the September lows. The other indices will continue to be more resilient. We then get a summer rally of sorts in July and early August, with the real washout occurring in September or October. If there is any hint that tech spending is not improving at that time, the September lows will be broken and the other indices will sell off as well. JMO.
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