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

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To: Zeev Hed who wrote (81024)6/18/2002 10:36:14 PM
From: jjstingray  Read Replies (3) of 99280
 
Zeev, there is a guy here in San Diego who has a radio show, he has run a hedge fund for 35 years. He says that Friday was the bottom and we are going back to retest. He is layering longs on the way down. I am hoping for your third phase to pan out as I think the market needs a nice cleansing in order to find some good prices in which to rally from.

If indeed Friday was the low, what would be the best tell tale indicators to verify that. New highs/new lows, volume on the pullback, etc. Any suggestions would be very helpful.

Thanks.
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