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


To: Zeev Hed who wrote (84177)6/24/2002 2:27:17 PM
From: Stockdoctor  Read Replies (1) | Respond to of 99280
 
Zeev...based on your plan, you had a MILD up day today.....which is just occurring despite the ugly drop in the AM....so do you continue the relentless selling to kick off tommorow into week end?



To: Zeev Hed who wrote (84177)6/24/2002 2:32:07 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 99280
 
Zeev:

But do the turnips consider the buck? It is a hell of a lot lower now than back in May. A further big drop near-term could touch off a major global financial crisis IMHO.

Still think there is a good chance your scenario will play out, but the odds look a little shorter now.



To: Zeev Hed who wrote (84177)6/24/2002 2:32:31 PM
From: 16yearcycle  Read Replies (2) | Respond to of 99280
 
Zeev, a 250 point dow turn around has everyone attention. can't blame em/us.



To: Zeev Hed who wrote (84177)6/24/2002 2:39:23 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Zeev, we're not much over our normal 40-point daily range in the COMP, so I don't know what everyone is getting all excited about.

Once you go down so far, all it takes is a flag to string out the index so the EMA's, MA's, and trendlines catch up with it. Once price breaches a trendline, the bounce is on (usually in the form of a steep rising wedge).



To: Zeev Hed who wrote (84177)6/24/2002 2:44:40 PM
From: longdong_63  Respond to of 99280
 
Zeev...my guess is were heading for 1500. Well run inot some problems there with this wedge today.



To: Zeev Hed who wrote (84177)6/24/2002 3:10:33 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Gee guys, give me a break, we get a little puny rally which was a little stronger than "scheduled" and we drop the plan?

Some may drop the plan, but augieboo and I are still sitting very happily at 100% cash.