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

To: Zeev Hed who wrote (28880)2/8/2002 11:21:44 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Zeev, in December you suggested that 1646 could serve as a re-test of the lows. Was that a December only parameter, and is it more like 1500 now?

5-7% is what I've read as the parameters of a re-test, but I don't have much experience in these (and many other) matters.

The fact that the SOXX has barely done a .382 re-trace leads me to believe the worst we'll see is a .618 on the COMP and a bit more on the NDX the next trip down.


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