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


To: ajtj99 who wrote (33860)2/26/2002 11:06:10 PM
From: TREND1  Read Replies (2) | Respond to of 99280
 
aj99
Nasdaq new highs = 50
Nasdaq new Lows = 30

And we are at 50% retracement !
This is not bearish to me !
This says there is still internal power !

Larry Dudash

edit
dynamic.nasdaq.com



To: ajtj99 who wrote (33860)2/26/2002 11:06:34 PM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
Hey AJ, maybe they will try to gap us over the 13 day moving average. They got the futures positive and it seems like that is the best way to whipsaw the shorts before coming down.



To: ajtj99 who wrote (33860)2/26/2002 11:13:31 PM
From: TREND1  Read Replies (3) | Respond to of 99280
 
aj99
The Big Houses know this bear is 2 years old.
If one house starts to buy, the others will panic buy. IMHO.

Larry Dudash



To: ajtj99 who wrote (33860)2/26/2002 11:18:37 PM
From: TREND1  Read Replies (2) | Respond to of 99280
 
aj
Or maybe we are headed to the "Great Depression II"
with 25% unemployment, dust storms in the mid west,
Fed asleep.....see how stupid that is ????. IMHO

Larry Dudash



To: ajtj99 who wrote (33860)2/27/2002 9:07:39 AM
From: sylvester80  Respond to of 99280
 
The Wilshire's 200-day SMA is sloping down-not bullish

If we keep going up it won't be down for long. Trends are trends till they reverse, but by then it's 200+ points too late. That is why I follow my two channels for now.