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

To: Zeev Hed who wrote (44988)	3/28/2002 4:24:39 PM
From: Sam	Read Replies (1) \| Respond to of 99280

Geez, Zeev, you said that the market would turn at 2:11 yesterday, but looking at a chart from yesterday, it looks more like 2:30 or so before it turned. How could you have messed up so badly?! Sam [Great call.... Again.]

To: Zeev Hed who wrote (44988)	3/28/2002 4:41:00 PM
From: TREND1	Read Replies (2) \| Respond to of 99280

Zeev You sound so bullish. Why cann't you get the Nasdaq Channel to turn UP ?(g) Larry Dudash

To: Zeev Hed who wrote (44988)	3/28/2002 5:26:15 PM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 99280

Zeev: Re: "Exactly pomp, a toping market might have advancing indices, but will more often than not have contraction of new highs." New highs over new lows have expanded quite nicely the entire month of March into new high territory. Look at the 13 day ema dip and drive home to the end of month: stockcharts.com[w,a]daclyyay[de][pc13!a160][vc60][iUb14!La12,26,9]&pref=G Now look at all the past market tops. And you have to ask, why hasn't the Comp. made new highs in price up to this point to correspond with previous market tops as marked by this measure? Look at the January new highs-lows of last year as it coincided with a market top then; look at the May highs-lows as they coincided with a top then; look at the January 2002 new highs as they coincided with a new top then in the market. Here we are right here and now with new highs in that measure over and above January 2002, and at highs associated with previous market peaks, and yet there is no new high to be found in the Nasdaq at this point. And as this measure has trended higher all month as shown by the 13 day ema, the Nasdaq has diverged with the measure in price since the middle of the month and certainly when measured against the January 2002 top. In this context, it appears that this indicator is not working as it has in the past as it is not being confirmed by the tape. But I suppose you could get the mother of all rallies in early April to rectify things <g>. Nevertheless, the negative divergence is noteworthy at this point.

To: Zeev Hed who wrote (44988)	4/11/2002 8:59:01 PM
From: Mark Johnson	Respond to of 99280

Zeev was looking for a rally on 3/28 to 2100: "If those highs keep expanding next week, we could challenge the January high at just under 2100." Message 17258833 Zeev said we were in the midst of an up move on 3/31: "all of which saw the Naz move more than 30% from it's then bottom, another one might be in process as I type." Message 17267581 Zeev backpedalling on 4/3: "and then a very weak spring rally to 1920/30" Message 17282590 LOL....The thread guru now calling for a mild bounce...LOL....: "The February lows, which we are approaching rapidly might be a good place for such a mild bounce." Message 17307629 I'm not sure whether Zeev could predict dusk followed by darkness giving away to dawn.....LOL..... My broken watch is right more often than this guy.....