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

To: Justa Werkenstiff who wrote (49225)	4/9/2002 6:01:42 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

No I don't call it a "trend", but the new lows today are less than yesterday, while the Naz is drastically lower, it seems that the decline is more due to lack of bids then to the presence of "urgent sellers". Maybe the urgency will still come (late June?), but I think that before that we might still have few mild bounces. The February lows, which we are approaching rapidly might be a good place for such a mild bounce. Zeev On second thought and reexamination of tha data, yesterday the naz printed a lower low than today (1734?), so that may account for the lack of lows expansion. Not a very persuasive argument, however. (g).