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


To: ajtj99 who wrote (50789)4/12/2002 2:31:41 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
my rule of thumb is the first cross after the macro top is that the top is in and new lows will result down the road

Thanks aj.

So, just to be sure I'm getting it, the question is, was the March "high" (on the COMPQ) a "macro high" or just a lower high following the cross from the true macro high of January? Is that right?

augie



To: ajtj99 who wrote (50789)4/12/2002 2:57:50 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<Augie, my rule of thumb is the first cross after the macro top is that the top is in and new lows will result down the road. That applies to the COMP over the last 2-years.> so i am looking to the 56.15 point? max