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


To: sylvester80 who wrote (75042)6/5/2002 8:38:49 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
Are you blind, the "nassacre" was supposed to be a 300/350 or so drop from the top, starting May 15th and terminating about June 28th, it was supposed to have "three phases", the second, supposedly terminating around 1519 next week, we got 210 points already from the high to the low (1759 to 1548), and you say you see no Nassacre, we already had the first 2/3 of it and quite on schedule, unless you have not been watching. Even the bounce from yesterday was "forecasted" (I had a micro bounce from 1560, missed by 12, going to 1693, max at 1607, so far missed by 2).

Zeev



To: sylvester80 who wrote (75042)6/5/2002 8:46:13 PM
From: profit_guy  Respond to of 99280
 
syl, zeev's calls lately have been remarkable...how can you not say that call of a local top at 1750 or so, and then the ensuing 200 point sell off was not part of what he had called for??...imo, this downtrend will resume tomorrow, and we will close the week with 3 black crows on a weekly basis on all indices (as per don sew's observation)...and THAT is quite ominous in the big picture)...though i do expect we bounce from 1520 or so next week (to 1600) before expiry...then lights out til the end of june



To: sylvester80 who wrote (75042)6/5/2002 9:10:03 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Syl, ORCL gave us what many people were waiting for. The last rise in the afternoon was fairly predictable. It was not a matter of if, but only when.

As for COMP 1650, there is a decent chance we won't exceed that level for 2-years. I'll also go out on a limb and say without hesitation that the 1759 top will be our top for 2-years.



To: sylvester80 who wrote (75042)6/5/2002 9:31:27 PM
From: Robert New  Respond to of 99280
 
ORCL good news??? Come on sly all they did was reiterate a prior warning/guidance so I hardly see it as any good news...given the timing around 3pm we saw a bit of a short squeeze but nothing more imo. Given the RAPID FADE in the VIX today I dont think its long before this bounce runs out of steam...



To: sylvester80 who wrote (75042)6/5/2002 9:37:52 PM
From: DebtBomb  Respond to of 99280
 
ORCL, what a dud. Ca. going to put the hammer down.