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Strategies & Market Trends : Zeev's Turnips -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (171)	11/27/2000 9:22:31 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 644

Zeev: I think a little more than two hours (your turnips must have frost bite) but all Friday and today will be is a bounce from oversold (not as extreme oversold as other times this year either) conditions. Lets see what todays volume is. I think we need to judge how much buying steps up to the plate in the last hour of the day. If buyers start to step up to the plate we have set a short term bottom. Since September we have not had strong buying in the last hour. Without this type of buying (which would be the funds vs. retail investors) I expect a retest of the recent lows. I agree on this rally petering out by Wednesday or Thursday just not today. I won't be too heavily exposed going into the weekend. So we are basically in agreement since timing by a day is a wash. Still time to be careful. Tim