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


To: mishedlo who wrote (30647)2/17/2002 8:28:55 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Mish, unlike that interesting post, ork sent us to read, from Stockoperator, I am not writing off the first quarter at all. I think that on the current down move (another 85 naz points), the BKT will hold the 450 area and will bounce back hard (i said to watch AMGN at $53.3 if the market may prove me wrong again), I do expect however to see major test later in spring where I would expect 450 to be breached and a possible breach of 400, which is an extremely important support area for the Naz. I thought I was clear.

Zeev