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

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To: ajtj99 who wrote (75065)6/5/2002 10:13:48 PM
From: sylvester80  Read Replies (1) of 99280
 
As I said before here, bullish does not do me justice. I was asked something like 8 times here and via PM what do I see near term. In all my replies it has been a "sideways movement and no nassacre". To me "nassacre" implies a swoon down from the May 7th low by at least 100 points to around 1450. And I just don't see that. I also do not see a heading to moon scenario near term, but I do see a 1550s-1700s or 10% sideways movement which so far we've had. As I said I may have misunderstood the definition of a June "nassacre". And BTW, there are still 7 days till June 12th so it may still happen. But I will be surprised if it does.

JMHO.
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