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


To: Jeff who wrote (55063)4/23/2002 3:11:03 PM
From: KevinMark  Respond to of 99280
 
I also made this post last week too. Message 17323853

and this one Message 17328205, note the key phrases just below it...

The best opportunity for longs will be telecom believe it or not. Yes, I mean the "old" generals will move this market. The LU's, NT's, WCOM's of the world. Watch them carry this market higher. I'm not talking doubles and triples, but 10-30% are not out of the question which would take us significantly higher for the short-term. Long term I agree that we may be headed for some more pain, but not just yet. Happy Trading!

BTW.... $XTC ran to 622, WCOM was a 55% gainer if you bought @ 4.5 and sold at the top of the $XTC run (I got 40% out of it), LU and NT both ran 20%.

For the short term we'll have some volatility here, but the bull train will ride again, and soon.