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

To: Justa Werkenstiff who wrote (47244)4/4/2002 9:08:32 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Justa, actually since the highs in January, the rallies in February and March were Max Pain related rallies. Why should April be any different?

Thanks for the prior bear market June stuff. I haven't checked back far enough to know this.

I think it will be some time before we see 1947 again on the COMP. Maybe 2003 or 2004. We may not even get to 1930 if the NDX fills the gap at 1530 at the same time the COMP fills the gap around 1906.

Anyway, enough of my alarmist prognostications. Like you, I'm wondering where this drop will end. We may get a bounce tomorrow, but we may give it up at the end of the day if it is not sustained past noon.



To: Justa Werkenstiff who wrote (47244)4/5/2002 10:37:03 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 99280
 
Re: " I have been calling for new lows in this market by end of June since December."

Not that anyone cares, but looking back at this post it seems it is incorrect. Was calling for Nasdaq 1450 and NDX new lows in December by end of June. Upped it to new lows on all major averages by end of June in February or thereabouts.


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