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

To: Justa Werkenstiff who wrote (4022)11/8/2001 1:22:54 PM
From: Zeev Hed  Read Replies (4) | Respond to of 99280
 
Agreed, but as far as shorting, either you "know" you got the top, or wait until you get into real overhead supply at the 1920/40. Not that "it is a sure thing" we get there. We are know in a situation very close to the late May situation. I posted then, that the breach of 2250 would lead us to another spike possibly as high as 2388, I believe we stopped some 50 naz points from there. Here I posted at the time that a breach and close of 1793, could lead us as high as 1920/40, but it does not mean we actually get there.

zeev



To: Justa Werkenstiff who wrote (4022)11/8/2001 2:32:43 PM
From: Math Junkie  Read Replies (1) | Respond to of 99280
 
Re: guessing

I have this note stuck to case of my computer monitor:

"Don't put everything behind any one theory of what the market will do."

This advice is looking positively brilliant to me right now.


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