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


To: JRI who wrote (10698)12/5/2001 12:33:37 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Sorry, my response to you was cybereaten (g). It said more or less that I'll wait till 2:00 PM to see if we indeed turn. The extreme in the trin reading (.17) on the naz is often an indication of a potential turn (extreme work better at bottoms than tops, however). If we turn at 2:00PM.then we still have to watch those numbers I mentioned earlier, and only if these are breached, one ca expect a sharper retracement. In the meanwhile in the last hour, I got back into AGM (between $43.84 to $43.90), stop loss at $39.70.

Zeev