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

To: Zeev Hed who wrote (55047)	4/23/2002 2:36:10 PM
From: Steve Lee	Read Replies (1) \| Respond to of 99280

The six month Nasdaq 100 low is 1329.93 Today we got to 1329.95 More important than the COMP IMO cos it is what the futures and QQQ are both keyed on, as well as the pre and after market indicators. I know the COMP gives a representation of what the smaller caps are up to as well but what is important in my view is where the money is, as that is what affects people's wealth.

To: Zeev Hed who wrote (55047)	4/23/2002 2:50:35 PM
From: TREND1	Read Replies (3) \| Respond to of 99280

Zeev When the hell did you go bearish ??? Larry Dudash

To: Zeev Hed who wrote (55047)	4/23/2002 5:01:24 PM
From: mishedlo	Respond to of 99280

We have not made much progress in the indices, but the bullish percent index seems ready to roll over after reaching 55% here, an area where actually major tops occurred, including the January 2001 top before the big February massacre and even more recent tops like January this year. Right now, I am waiting for real fear before I unzip my bear suit, zipped up on the failure to go much above 1830 and hold the 1757 area. Zeev Are you in line with my model of down for 2 weeks now? I still sense a rally in May or early june. Most likely 1 week from May expiry. Then depending on how low we get etc, continued rally thru June, or backtest and fill with smaller June rally. M