Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (81471)	8/18/2001 9:45:24 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

NV, my forecast on JNPR from June sure was on the dot, I "prmised low 20' and even high teens, we reached both. On the Naz I "promised" 1850, and we got 1863 yesterday, my timing was a "little off", since I had that intermediate low for Aug. 6, and we did not get there until the 18th, well, you can't win them all. There are however few "rays of hope" coming into the picture here, including the equity P/C ratio getting very close to 1.00, but not there yet. As for the next opportunity to go long, for a short term bounce to just under 2000 on the Naz, probably next week. For an end to this major bear move, I think we may have to wait another 6 to 8 weeks. Zeev