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

To: mishedlo who wrote (42401)	3/20/2002 7:14:19 PM
From: 4rthofjuly007	Respond to of 99280

mish, I have been following a potential scenario in which we head down until into May (contradicting the popular current notion that April will be a great month) and see a sort of capitulation low below the Feb. lows that is confirmed by sentiment. It would seem that if the next solid low is to be confirmed by sentiment, it is going to take some time (over a month) given the bullish levels expressed by investor polls and vix. This to be followed by an absurd rally which lasts past the summer and takes the Dow over 11,000 and the compx back to or above the high last may. Then another decline. <in edit> I saw your reply to my previous post. Is max pain for the April QQQs "viable" yet or still in the works?

To: mishedlo who wrote (42401)	3/20/2002 8:08:36 PM
From: Zeev Hed	Respond to of 99280

Actually, the 3000 target died when we did not get the deep retrenchment I expected in December, if you remember, I was waitin a good chunk of November and December for redeployment, but had to jump back in at prices higher than I expected. If we had that double bottom of the September low within three months, then a real bull move could have been set in place. In my December 29th forecast i already accounted for the lack of a December major relapse. Zeev