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

To: Zeev Hed who wrote (45010)	3/28/2002 6:14:41 PM
From: Rich1	Respond to of 99280

Happy Pesah...

To: Zeev Hed who wrote (45010)	3/28/2002 7:31:38 PM
From: profit_guy	Respond to of 99280

Justa and Zeev, a question: Why is that the $BPNDX has fallen so much over the past week or so (from 70 to 55), yet the $BPCOMPQ continues to rise? Even the BPCOMPQ rose .41 today to close at 54.99, while the BPNDX fell 3.00 to 55.00 stockcharts.com[e,a]diclyyay[dd][pc20!d50,1.5][vc60][iUb14!La12,26,9!Lp14,3,3!Lc20]&pref=G stockcharts.com[e,a]diclyyay[dd][pc20!d50,1.5][vc60][iub14!la12,26,9!lp14,3,3!lc20][J3724830,Y]&pref=G

To: Zeev Hed who wrote (45010)	3/28/2002 8:22:05 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 99280

Zeev: Re: "Actually, longer term the divergence is positive, we are some 250 Naz points under the January highs, but more stocks are making new highs, meaning there is "stealth strength" in the Naz not reflected by its leading indices (NDX and COMP." Sorry, Zeev, if you have that kind of strength in the new highs, you should have new highs in the Comp. and NDX NOW based on historical read of this single indicator and that is all I am talking about here. I fail to see what is so positive about not having something which you should have NOW on the tape <g>. So let's see if the tape confirms next week this indicator because right now the non-confirmation sticks out like a sore thumb for the bulls.

To: Zeev Hed who wrote (45010)	3/28/2002 8:59:56 PM
From: Sweet Ol	Read Replies (1) \| Respond to of 99280

I might add that the Russell 2000 has exceeded its Jan high and is nearly up to its 52-week high. That is where the rally is coming from, not from the NDX or QQQ. A case can be made that we are seeing a changing of the guard from the old INTC, MSFT, CSCO, etc. The question is who are the new generals who will set the pace from here on? Beats me!!! Best to all, JRH JRH

To: Zeev Hed who wrote (45010)	3/28/2002 10:59:30 PM
From: gfs_1999	Respond to of 99280

Analysis - Thursday, March 28, 2002 8 p.m. At the highs today the Dow was up 76 points. The Dow closed down 22.97 and the Nasdaq closed up 18.60. The Gann 3-Day Chart on the Dow turned up on Thursday, which suggests that some sort of at least short-term low was seen last week. The Gann Weekly Chart on the Dow is even more important than the 3-Day Chart. The Gann Weekly Chart on the Dow will turn up this week if the Dow rises above 10503 on a print basis and 10537 intraday this week. Of the 2, that intraday number will be the more important. If the Dow rises above 10538 intraday any day next week, then an even stronger rally should follow at some point. The Cycles still call for rising prices into April 4, plus or minus 1 day. The Bradley indicator also calls for some sort of high near April 4, plus or minus 2 days. The Lindsay Top-to-Top Count also calls for some sort of high near April 4, plus or minus 2 days, so we believe at this point that some further rally into April 4, plus or minus 1 day is likely from here. Any decline below 10403 on a print basis next week will still signal that a stronger decline is coming at some point next week. Any rally above 1864 in the Nasdaq next week will signal that an even stronger rally is coming there next week, because it would turn the Gann Weekly Chart on the Nasdaq back up. For now, we must go with the Cycles forecast calling for higher prices in April 4, plus or minus 1 day. We will however, hold current positions for now. Jerry Favors analysis

To: Zeev Hed who wrote (45010)	3/29/2002 2:53:35 AM
From: Robert New	Respond to of 99280

Zeev im bullish near term here as well as we put in a nice positive divergence on the NDX 60 min chart and took out the downtrend channel today on the move up. The move in JNPR speaks volume's regarding the Naz record short interest and it wont take much buying to start squeezing some here. Also RSTN/MANU came out with so so reports and they were greeted in a positive light...the bar for expectations is quite low here. Also in the telecom sector Paul Sagawa who was ahead of the curve in downgrading the telecom sector is looking for a pickup in cap ex spending in 2H 02. Im seeing many many cup and handle/inverse head and shoulders patterns setting up on the Naz and the volume in the handles has dried up substantially. It wont take much to move these issues and if/when they start breaking up that could really get some attention. Im seeing nothing but bearish rants all over the boards tonight. Those who stay focused on the VIX/VXN may end up like a deer in headlights in the days ahead. Robb