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


To: brightness00 who wrote (79108)6/15/2002 2:51:01 PM
From: 16yearcycle  Read Replies (1) | Respond to of 99280
 
"Zeev, while everyone is looking down below, is it possible that the market is running two days behind the Turnips(R), and just registering 1450 today instead of Wednesday"

I have been expressing this in a diffreent way for about a week; the idea that phase two was bad enough that it could be the bottom, for this part of the cycle. Zeev has been relying on yahoo tick figures. That is all well and good, but my issue with that is that they are an unreliable source. In the past three weeks several of us have readings that show as many as 7 GNT days already. Furthermore, I follow at least 20 ta indicators of which all but three are showing we are either at a very significant interim bottom, or days away, and may go no lower.

The problem is that the same thing happened on 2/22...everything but the remaining three bottomed and we went nuts. A great two week run, but then we really collapsed and I got hit by it. I think we could run here, but if we do, I bet the same thing happens. If we can get the remaining three indicators checked off, we are going to have an explosion. I'd say 35-40% up.

I think Zeev is waiting for these other indicators more than he is looking for the tick. At least a couple of them have to be hit.