Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (78115)	6/12/2002 8:26:43 PM
From: ajtj99	Read Replies (1) of 99280

Zeev, the lowest ones I've been looking at are around 912 NDX and 1302-1306 COMP. Those are the targets for the triangle out of the 2099 high to the congestion around 1700 COMP. It would also fill a gap from May 1997, I believe, on the COMP from 1306-1312 (I've posted that previously). If we're going to rally for several months, I think the triangle needs to be resolved first. Aside from that, P&F has a low target on the NDX of roughly a 1000, which would equate to around 1387 COMP. SPX 937 or so also works nicely on the charts. I think we are headed to somewhere between 1300 and 1387 on the COMP any way we slice it, and we will breach the Sept. lows on the COMP most certainly. BTW, nice trading today. You always amaze me one these lows.

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