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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (86965)6/26/2002 11:22:51 PM
From: 16yearcycle  Read Replies (1) of 99280
 
Well, Zeev, this may end up being another incredible call, but I think that it is very odd that with nearly every ta indicator giving a much better signal than the Feb low, you only expect the same percentage rally. Most of the indicators are as or nearly as extreme as April 2001. I would expect more than 15% but less than the 25% I thought earlier. I'll say we can get to 1620, if todays low holds, and especially if it is retested, and broken slightly.

The nasdaq bp is very troubling and the reason for my adjustment down. The fact that we have a small window before mid to late August also suggests to me that the wind will be in the bulls faces.

Thanks for your efforts.
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