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

To: Zeev Hed who wrote (32548)	2/22/2002 7:18:51 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99280

Zeev: Now if only Softie would reduce the number of super bearish posts, perhaps we can finally get that long awaited washout. Then we can go heavily long again with a very favorable intermediate term risk/reward relationship. I have another gut feeling that the NAZ will hold pretty well when the Dow finally cracks.

To: Zeev Hed who wrote (32548)	2/22/2002 7:20:05 PM
From: ajtj99	Read Replies (2) \| Respond to of 99280

If it's over 2-weeks, you're implying we're going to re-test the lows on the COMP, I believe. 2-weeks from Tuesday is about 1580 COMP at the rate we're going, so the extra 100 or so points below that won't be that tough to reach. If it isn't all nice and orderly, I just wonder if 9100 can contain the Dow. Below that we have support at 8500, I believe.