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

To: gfs_1999 who wrote (13673)	12/15/2001 9:49:47 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

For the very short term, I had a local low on the 14th (yesterday), but I also suggested that the bounce will not be big. We may have had all the bounce yesterday, but more likely is a continued minor advance during Monday/Tuesday (ending Tuesday down?), where I have a max "print" on the Naz of 2011, and then going down and taking out 1934. I have no idea yet which of the three targets will mark the December bottom, 1850, 1793 and 1628/50. As I have suggested before, the deeper the December retrenchment, the better market we will get next year. Too bad I will not be here most of Monday and most of Tuesday, that prevents me from even trying for some short term moves here. I went out at 67% cash, reflecting my short term bearishness on the market. Zeev