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


To: Crimson Ghost who wrote (74161)6/3/2002 6:21:08 PM
From: Zeev Hed  Read Replies (5) | Respond to of 99280
 
George, what I fear, is another "unsatisfactory" bottom as we had in February, the trin is high enough for that, but that is the only indicator pointing that way (thus my potential fake rally for tomorrow and possibly even a green day...), otherwise, I agree with you completely, even if we reach the "nassacre" ultimate target of 1419, I would wait until we see the white in the MM's eyes before major deployment. I am still holding for this being phase II and it ending by next Wednesday morning (I still have the low 1500 for that, though we are only some 50 Naz points away and a day like today should get us there at once <g>), however, I don't have much of a bounce from that low, well under 1600 at this point.

Zeev