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


To: Zeev Hed who wrote (25059)1/29/2002 12:45:52 PM
From: DlphcOracl  Read Replies (1) | Respond to of 99280
 
Zeev: A Question of Timing

I know that you are predicting a 10% correction for Nasdaq to about 1800 through February with a subsequent rally to 2250-2350 by early April, with the major decline occurring in late June/early July to about 1650. I was wondering: what is your rationale or argument against one continuous, grinding decline down to 1600-1650 from February into late March or early April?

Once we start down the slippery slope, I cannot fathom what would trigger a 25-30% rally from Nasdaq 1800 to 2250/2350, unless it were outstanding economic date regarding the economic recovery

DlphcOracl