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

To: ajtj99 who wrote (64946)	5/9/2002 5:23:09 PM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 99280

AJ: If this scenario unfolds as it looks today, cycle low will be before AMAT earnings and AMAT will pop us up again from below, then a few days of flat distribution at a higher level than pre-AMAT lows and a resumption of the bear. Those post AMAT highs should not get much above 1700 if at all. Right now, a journey above 1700 is unlikely IMO. The post AMAT highs should be revealed by the cycle low before the AMAT release. That is my best guess as of now. Very difficult market.