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

To: DlphcOracl who wrote (53355)	4/18/2002 9:10:24 PM
From: Smart_Money	Read Replies (2) \| Respond to of 99280

Maybe this is the low for the Nasdaq. We may be in capitulation stage and not even know it. Think about it. The top was 5000 we are at 1800 which is 36% of the high. This maybe the bottom and we may not know this until nasdaq 2500. One thing for sure, once the turnaround is evident most buyers will be longterm holders. They still have the "I wish I'd held" and "I sold too early last time" mentality. Most think the Nasdaq will never see 5000 again. One day we will just not anytime soon.