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

To: TREND1 who wrote (45239)	4/1/2002 1:30:03 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Larry, I looked it over quickly over the weekend, and while I agree that it may not always be a money-maker, it is a signal that is followed and as such needs to be respected. I will stand by my assertions about the 20-day crossing the 50-day from above on the COMP over the past 2-years indicates an 80% chance of a new low within 1-3 months or a 20% chance of a 50% re-trace within 1-3 months. After the current drop in Feb., we may need to amend that to a 67% chance of a new low and a 33% chance of a 50% re-trace.