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

To: orkrious who wrote (46608)	4/3/2002 7:06:56 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

Ork, right now (before I do my major weekend work), I have to go with one of the alternative models (precipitated by 1793 not holding), that alternative has us going down here to another "unsatisfactory bottom" in the range of 1680 to 1710, and then a very weak spring rally to 1920/30 or so, with one major stop at around 1860 (retracement to 1800 or so), and then the May decline, which could start much earlier than anticipated before, possibly the first week in May, getting us down some 100/150 Naz points below the low of the next three four weeks. That scenario could become much more bullish if we get a string of at least three days in a week of -1000 (not necessarily consecutive) tic on the Naz. If that happens, however, we probably will not stop that decline until we reach the original June low target of 1600 (my nominal number is 1638 plus minus 30). Zeev