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

To: LTK007 who wrote (68420)	5/17/2002 12:53:38 AM
From: mishedlo	Respond to of 99280

so going into tomorrow your going with a 1.5month rally UNLESS it reverses down tomorrow, then we have 2 more weeks of downside--is that read of mine right? Well your buyside hypothesis will get tested to the max, if we don't reverse tomorrow:) Max I am suggesting that it is very PLAUSIBLE we continue to rally, not that I am going hugely long. We sank for 3-4 months last summer. We rose 3-4 months in Oct. We sank for 1 month in Feb rose one month in March. sank 2 moths from March high, why cant we rise 2 months from May bottom? Again, if you think I am going hugely long here you are wrong, I do suggest that this COULD be a painful time for the bears if it transpires this way. If the TRINQ/TRIN as well as price action suggest selling, well I hope to be a seller. If otherwise, I hope to get the H out of the way or to be a buyer. Positions will be small however, unless I get a good feel for what is happening. stockcharts.com[w,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G Are we going to die at the 50EMa or can we muster a test of the 200EMA? Nice double bottom with EXPLOSIVE volume. Higher that Sept rally start. Left behing nagging gaps (2) that you know and I know will be filled. BUT WHEN? How long did it take to fill the gaps from Sept? How long will it take to fill these? Damed if I know. And that is a huge problem. This botton was bought IN SIZE. OTOH this rally looks EXACTLY like the one that died in March. Is this the real deal or another headfake? M