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

To: mishedlo who wrote (25787)1/30/2002 11:53:28 PM
From: LTK007  Respond to of 99280
 
the reason i refer to ST so often is it is so often right.They were looking for a strong bounce at Oct.highs for NDX and that is where the bounce occurred.They contend this will be tested until broken and a trend reversal will occur in the 1350-1400 level(a new uptrend).Using there downtrend line,1555-1560 would be where stall or pullback should occur.Sorry but those wanting to get this in COMPX numbers,it's up to you:).
Now here is ST's most striking aspect right now,in terms of the overall market they are keying on GE.They stated on 1/18 that when GE finally fills the gap of 31.3 to 33.75 they will GO LONG the market(in a trend reversal sense).ST contended as of 1/18 that this gap fill is INEVITABLE.Hope that helps some.



To: mishedlo who wrote (25787)1/31/2002 9:33:55 AM
From: sylvester80  Respond to of 99280
 
I start plotting current trend lines and new possible trend lines (especially ones that look to intersect resistance points - like 1925 and 1960 in this case). I follow the 5/10/15 min stochastic charts and look to see overbought conditions on all 3, as well as double tops. Good luck.



To: mishedlo who wrote (25787)1/31/2002 10:58:16 AM
From: LTK007  Respond to of 99280
 
the NDX100 trend downline worked just right today.


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