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


To: Zeev Hed who wrote (41941)3/19/2002 4:59:49 PM
From: Jerry Olson  Read Replies (1) | Respond to of 99280
 
ok thanks....we would have to break 1840 first...the double bottom break...

however if we break 1950 first then it would negate that move...almost dead even in the middle right here...



To: Zeev Hed who wrote (41941)3/19/2002 5:03:28 PM
From: brightness00  Respond to of 99280
 
"I have us going to 1800 (plus minus 10) on the Naz before the end of next week."

Is that after we hit 1950 (plus minus 10) first (finishing a five wave up)? then go down to 1800 for testing the middle point of a "W," before the spring rally.



To: Zeev Hed who wrote (41941)3/19/2002 5:18:01 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
Zeev:

Since we all know there will be a BIG rally the last few days of March (month-end and quarter-end), the boys probably will take us down some before then to allow more upside "breathing room."



To: Zeev Hed who wrote (41941)3/19/2002 5:19:16 PM
From: t2  Respond to of 99280
 
I have us going to 1800 (plus minus 10) on the Naz before the end of next week.

I hate it when you make those kinds of predictions when I am long. <g>

A major earnings blow up is needed for that to happen. JBL seems positive and semiconductor equipment book to bill is out today. That might be the critical factor.

The EMS earnings could tell a story as well for the tech sector this week. Forecasts for sequential revenue increases from the other EMS companies may be taken as very positive (if that does in fact happen). They can paint a pretty good picture of the demand for tech.

JMHO.