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

To: ajtj99 who wrote (14576)	12/19/2001 12:53:51 PM
From: jjstingray	Read Replies (2) \| Respond to of 99280

AJ, you really think this thing can move another 100 points to the upside? Seems like we have been stalling here at 2010. I do see pretty good strength in that we do not fall much, but all that money coming in is going to have to stop soon.

To: ajtj99 who wrote (14576)	12/19/2001 1:05:40 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 99280

AJTJ99: One more pop is possible as I have posted in my scenarios. Yet note that BP is at same level as April 2000. But the history of bear market rallies goes against the notion of too much upside in the Dow and the S & P 500 in each subsequent bear market rally, so why should the Nasdaq be any different, and has that difference been accounted for already in its performance off the lows? I am comfortable being short here with the VIX making a lower low today without a higher high in the market.