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

To: DlphcOracl who wrote (31075)	2/19/2002 8:53:36 PM
From: waverider	Read Replies (5) \| Respond to of 99280

Still see NAZ 800 before this is over. wr

To: DlphcOracl who wrote (31075)	2/20/2002 8:03:39 PM
From: Joe Smith	Respond to of 99280

I agree with Naz 1650. Ignoring the panic of 9/21, that creates a triple-bottom of 4/6/01, 9/10/01, a brief retest on 10/17 and then March 2002 and/or perhaps June 2002, maybe even October 2002. I consider the area below 1650 from 9/17 to 10/11 to be an aberration due to uncertainty over more terrorist attacks. I think it is less relevant to TA. However, that strong support could fail to hold and we should be prepared. That is just the script and it can always be edited or re-written. If that does fail, then certainly 1400's or 1300's are a possibility. The real question is: Are all of these tests of 1650 a good form of consolidation taking over a year or are they just the last stubborn attempt on the part of the Naz to hold onto its last bit of hot air?