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

To: Crimson Ghost who wrote (71528)	5/25/2002 8:24:45 PM
From: Zeev Hed	Respond to of 99280

Actually, George, the Naz 2100 was negated quite early in February (after "calling the January top to within 30 or so points), when we failed to hold 1960 or so, on the next occasion when I wore the horns (the low 1700 after the drop to just under 1700 in February), I still had a rally to 1940 or so ( but 2100 got taken off the table), but we got only half way (1834 if memory serves), the failure to get above that 1830 or so, caused major caution (I remember a post in which a suggested that a close under 1770, or an intraday breach of 1757 would get me back into the bear suit, and it did), since these numbers were above the "bull call", while a whipsaw, at least did not cause an actual loss. The general structure, of a top in April and a second one in May suggested in the Dec 29th forecast held, except that the levels of these tops had to be reduced drastically as the turnips adjusted their bearing to the changing markets. As you know, those turnips are fickle, they err, they reserve the right to be wrong and to change their mind often. Hey, I know Jim does not like their changing their mind, but, in their defense, they don't like the markets changin theirs either (g). Zeev