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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Paxb2u who wrote (1609)10/25/2001 4:17:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Peter, I'll try again, in my opinion, Sep 21st was the coalesced bottom of "planned double bottom in August and October. We may very well retest that bottom (I had a risk of no lower than 1425, but I doubt the December fall will get us that low) in December and right now here at 1775 on the Naz and at 485 on the Sox, we are within about 5 points (maybe a spike to 1815) of a local top on the Naz and the 500 plus minus 10 will be a serious resistance, IMTO, for the Sox. Can the turnips be wrong? Sure they can, but so far, they have been pretty solid on this forecast and it is developing more or less according to "schedule"

Zeev