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

To: ajtj99 who wrote (38233)3/6/2002 5:01:17 PM
From: jjstingray  Read Replies (2) | Respond to of 99280
 
AJ, if we get a decent pullback, let's say to 1454 or so on the NDX are you going to establish calls for the "Spring Rally" or are you just waiting for the market to retest the lows later in the Summer. I just have a problem throwing money at this market even if it pulls back, it is very expensive. I know it can go up, sheesh, Nov of last year was evidence that the market will ignore valuations.



To: ajtj99 who wrote (38233)3/6/2002 5:14:07 PM
From: The Freep  Read Replies (1) | Respond to of 99280
 
AJ -- I'm just curious, but in all your targets for this move up, why no attention to the Naz 50 and 200 DMAs, both of which loom right up ahead (50 at 1897 and 200 at 1907)? If there's gonna be a retrace (and I don't know if there is, of course), wouldn't either of them serves as potential turnaround spots?

the freep


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