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


To: sylvester80 who wrote (8558)11/27/2001 9:48:58 PM
From: stockmarket14  Respond to of 99280
 
Sylvester80: I shall definitely buy on 10-20% pull back of Qs and others high strength stocks with a tight stop instead of waiting for Zeev's turnips call of late Dec. low. I just don't think Sept. low will be tested until after 1Q02 earning announcement, provided the economic recovery will not be in sight by 2Q02 based on guidances of 1Q02 earning announcements. The recent very high up/down volume (except today) is an indication of accumulation by institutions rather than distribution. The weekly NAZ chart is a good indication of long-term trend and hence a break upward from the upper downward trend line since April 2000 is very significant! Those TA gurus correct me, if I am wrong.