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

To: ajtj99 who wrote (79523)	6/15/2002 9:03:02 PM
From: Zeev Hed	Respond to of 99280

With my kind of optimism, 15% to 20% should be taken (g). Really, from where we are now (just above 1500) i think we have only about 175/200 nas points to the bottom (an average of 20/per day, but some days will be 50/60 and few will be actually 5/10 in the green) or about 16%, I somehow think that the brunt will be taken by small cap laggards in this decline and by biotek types stocks, the soxx may not go much more then the average from here, or 16% landing it just above 365, however, this is not a "hard number", at this stage of the game, it is difficult for me to have a hard number, in the three weeks between March 19th to the April 3 low last year, the sox dropped 31%, if that happens here 300 on the sox is surely possible. Zeev