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

To: TREND1 who wrote (35062)	2/28/2002 6:39:36 PM
From: westpacific	Read Replies (1) \| Respond to of 99280

Larry, I see two technicals that are going to make it very hard for the DOW to push much higher near term. This is not to say we do not retest 10259 to 10310 - but that should be it. These two other indicators I am watching both have Wave 5 tops on the daily chart, and without them the DOW cannot move higher IMO. We shall see, as it shapes up I will give you more information. But just be aware, I see all longs trades very risky near term. If we hold the technicals on the NAS, money could run back into tech and then we see some selling in the DOW. I have many technicals showing massive overbought on the STOCH on many NYSE related issues and indexes. West