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


To: Mark Johnson who wrote (36241)3/2/2002 8:47:49 PM
From: Psycho-Social  Respond to of 99280
 
"Don't have too much bet on the Naz yet...mostly invested in Dow and S&P"
Sounds reasonable, especially having lots of dry powder. My indicators of Long term Nasdaq Market Expectations (1.5-2.5 mo lead) hit bottom at the start of Feb & haven't gained much since then. Trader Sentiment #s on the Nasdaq show a mildly overbought condition. I closed out my final Nasdaq position at the close on Friday. Am expecting a better buying opportunity ahead.