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

To: westpacific who wrote (43486)	3/23/2002 10:13:59 PM
From: TREND1	Read Replies (1) \| Respond to of 99280

west NYSE SUMMATION INDEX has turned down for the last few days. And NASDAQ SUMMATION INDEX looks like it is starting to curve. I consider these lagging indicators that are needed to turn down to confirm the Nasdaq Down Channel. Larry Dudash

To: westpacific who wrote (43486)	3/23/2002 10:24:05 PM
From: westpacific	Read Replies (1) \| Respond to of 99280

Run some 3 year charts gang and tell me what you see in the technicals. Can you say head and shoulders - and I am not talking dandruff shampoo! It looks mighty scary!!!!

To: westpacific who wrote (43486)	3/24/2002 8:20:21 PM
From: Return to Sender	Read Replies (1) \| Respond to of 99280

The SOX has already set a recovery high higher than 620 since 9/11. SOX Historical Pricing: chart.yahoo.com INTC is currently the biggest drag on the index that I maintain will lead the Nasdaq out of its current malaise. Technically I could easily see the SOX and Nasdaq sell off a bit more this week but unlike many here on this thread I expect a strong rally to begin during the next few weeks. StockCharts.com SOX Chart: stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!La12,26,9!Uk14]&pref=G RtS