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

To: Zeev Hed who wrote (25399)1/29/2002 11:03:46 PM
From: ajtj99  Respond to of 99280
 
I just looked at some more indicators tonight, and we still have some implied downside with a possible bounce afterwards. NDX 1486 seems like a decent target, as that is a .382 Fib re-trace. It would also line up well with COMP 1860 or so. Any strength tomorrow above today's close ought to be shorted.



To: Zeev Hed who wrote (25399)1/30/2002 1:08:20 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
Does the model consider the impact of the current major accounting revaluation on the market? Just as it was too conservative on the upside from the fall bottom, perhaps it is too conservative now in projecting the downside?


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