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

To: Justa Werkenstiff who wrote (15632)	12/22/2001 4:33:27 PM
From: bobby beara	Read Replies (2) \| Respond to of 99280

If earnings prospects continue to come under pressure -- as I expect they will -- we will be back at that price level again and, quite possibly, lower. >>> all there are, are if's and you may be right and you may be wrong on that account but the only thing that counts is the tape and nasdaq has gained 40 something percent since the bottom, people who have remained bearish over the last 3 months have been fighting the tape, and we still don't have a definite down trend in order to confirm any bearish trend in place stockcharts.com The good breadth on friday saved the 20 day moving average crossover sell signal on the naz summation index and if we follow thru next week with positive breadth it will turn the summation index back up. the naz a/d line has not broken down out of it's channel and we could be just retesting the break-out of 1934, so we really need some more weakness to confirm that a bear trend is in place. b