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

To: Zeev Hed who wrote (81305)6/19/2002 11:05:08 AM
From: JRI  Read Replies (1) | Respond to of 99280
 
Do you totally rule out up (from today's lows) into Fri, and then severe down?

I think (w/a COMP move to/towards 1595, Dow above 9700) we would get extreme optimism (to go along w/those +1000 ticks of last few days) w/new highs for this move ("the summer bottom is in"), and would be a solid platform for the hard down scenario (next week, two weeks from Fri.)



To: Zeev Hed who wrote (81305)6/19/2002 12:35:22 PM
From: ajtj99  Respond to of 99280
 
Zeev, if I recall your June/July dates last year were a bit early. Maybe it's a seasonal thing that may need a bit of tweeking, similar the optimism factor <G>.

Actually, the 9-month Dow cycle is not supposed to be the low, if I read that correctly. Either way, it should be in the coming weeks that we get our low.


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