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


To: TREND1 who wrote (35047)2/28/2002 6:28:34 PM
From: westpacific  Respond to of 99280
 
Larry, watch the SOX, if it breaks below the GANN line on the weekly chart at 503, which corresonds to the regression channel on the 30 day interval at 500. If we do not hold this GAME OVER FOR THE NASDAQ.

So we watch these two indicators and this will call the trade.

NAS 1695
SOX 500/503

IF this does not hold, this confirms what I have believed for a month now when the NDX broke under 1549 to confirm the bottom was not in for the NASDAQ. And IMO it is not in for the DOW as well, just money fleeing to safe havens, but I see some technicals that are calling a top in the DOW within one week.



To: TREND1 who wrote (35047)2/28/2002 10:06:18 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
There goes Larry again, predicting the future <G>