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


To: TREND1 who wrote (41446)3/17/2002 10:57:04 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Larry, until the lines on the BPCOMPQ cross (over the 20-day EMA from above) you have to stay on the side that says we could still be going up from here.

If you look back at November, the BPCOMPQ and BPNDX were both in topping patterns, yet we still had highs in Dec. and Jan (COMP only). I learned in November that you can't anticipate the crossover, or you could be on the wrong side of a short squeeze or final thrust up.