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

To: TREND1 who wrote (30026)	2/13/2002 6:51:42 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

As a guy who respects the lower high, lower low thing, you've got to admit this is not a picture of beauty. Aside from the SOXX, which sometimes does its own thing (see August 2001, when it's high was within 5% of the May and June highs when the COMP Aug high was over 20% below the May high) the COMP, NDX, SPX, and Dow have merely done re-traces of their drops. I agree this is a critical juncture and it bears <G> watching. However, I'm not going to switch sides until I get confirmation from the COMP and NDX, and that means taking out COMP 1880 and NDX 1510 on volume.