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

To: ajtj99 who wrote (78090)	6/12/2002 6:48:02 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

I don't have a good number for the BTK bottom at the end of the Nassacre, the gap is too big and the break of 400 too serious, I would not be surprised if sometime this year we see the BTK under 200, yes a full 50% hair cut from the last support. The Sox could also go and retest the September low which is below my target of 395 for the end of the Nassacre, we'll just have to play it by ear and watch for the white in the MM's eyes. Right now, it surely look as if the Naz bottom later this months could be a solid 200 points below the intermittent recovery high in the next four trading days. If we get all the way to 1595, then the September lows might hold, if however, as I believe is more likely, we stall around 1555, the 1389 Naz September low could be breached for a day or two. Zeev