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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (16797)	6/6/2000 6:52:00 PM
From: Zeev Hed	Respond to of 59879

TATRADER, my reasoning for a new high is the need to get full conversion of all the doubters in the existence of bear markets. For that we need a new high, that should bring the momentum players really in and with force, including a lot of liquidity from the postal system in Japan, that should another 10% on the prior high and thus about 13,000. Of course, this is just a "guideline, and if the VIX drops to the very low 20' before, or we get a string of ticks in the 1000 plus or so, the turnips reserve the right to call it a top earlier. The main issue I was trying to address is the short term retrenchment into the Fed meeting and the hope that this does not become the "killer decline", and the hope (and in essence guess) that after that we will be under the influence of superb quarterly results fueling a powerful summer rally into the elections. Zeev