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


To: Rick Storm who wrote (76211)6/7/2002 5:02:40 PM
From: 16yearcycle  Read Replies (1) | Respond to of 99280
 
I feel sure that I know Zeevs model almost exactly, frankly, and I am getting the high negative ticks already. It's pretty hard to find indicators that don't suggest a bottom is hear or near, but the nas bp comes to mind.

A retest doesn't normally require every indicator, it dies from fatigue, so the bp and vix usually are unsatisfactory. Having said that, I ignored those two indicators on the bottom in February, and paid more attention to the summation, and I have the scars to show for not getting out aggressively when we got overbought between 3/8 and 3/12.

Anyway, I think the chances are very good Zeev nails this. But it's going to suck if we get all these questionable -1000 tick days and then rally, waiting for something worse to come along that doesn't happen. We will see how this pans out.