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

To: Zeev Hed who wrote (59110)4/30/2002 1:07:57 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Zeev, we have Max Pain at QQQ 33 right now, so we need to get to at least 33.50 for Max Pain, drop to around 32, and land at 33. That seems to be ready right now, as we stopped today right at about QQQ 32, which would be our support if we surpassed it. That could also serve as a 50% re-trace level. QQQ 33.50 is around COMP 1757, so I think your original number is better. I think COMP 1770 and NDX 1360 are the max upside targets.



To: Zeev Hed who wrote (59110)4/30/2002 9:53:43 PM
From: Fiscally Conservative  Respond to of 99280
 
Zeev...

With every capitulation there are catalysts that create the move. Given your time table for a May/June Massacre could you elaborate on what hypothetical catalysts might we see this time. Do you foresee a sudden rise in "Au" (the shiney stuff) as creating a catalyst or would this be a by- product of a falling market?


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