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


To: Justa Werkenstiff who wrote (28857)2/8/2002 7:38:19 PM
From: ajtj99  Respond to of 99280
 
Justa, I think 1850 is possible on this bounce. We'll need some mark ups to get it, however. I think we bounced at MSFT's 50% re-trace from the Sept. low of 47.50 to the high of nearly 71 in January.



To: Justa Werkenstiff who wrote (28857)2/8/2002 11:06:08 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
Justa, we don't differ by much, I have 1860, and my indicators have been too bullish on the recent peaks (2123 and we got only 2098, 2011 and we got far short at about 1950), so I would not be surprised if they are too bullish again (g). I agree that this is not going to be any kind of reversal, just a rally to relieve the oversold position. It is still well within the parameters we had for February. s for the timing, I have mid day Wednesday and you have Tuesday, well within the error of the turnips model.

Zeev