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

To: Zeev Hed who wrote (41055)	3/15/2002 10:11:00 AM
From: ild	Read Replies (1) \| Respond to of 99280

Zeev, does this match your analysis: 03/12/02 INSIIDE Track Hotline -- Stock indices gave a quick rebound to new highs and the Nasdaq tested its critical intra-year resistance zone at 1568--1589.5/NQM. It has since begun to pull back but needs a daily close below 1495 - and ideally below 1444/NQM - to indicate that a high is intact. If this takes place, it should lead to a drop back to the intra-year lows in early April. The DJIA remains more bullish and could see a quick spike high tomorrow - along with the SPM - before a correction takes hold. Ideally, the SPM will spike above 1167.0 and close below 1166.2, creating a daily 2 Close Reversal lower.