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

To: Zeev Hed who wrote (86796)	6/26/2002 4:13:53 PM
From: vampire	Respond to of 99280

If we end up with the smaller rally, do ya still think we retest the 1375 first?

To: Zeev Hed who wrote (86796)	6/26/2002 4:16:59 PM
From: Bruce A. Thompson	Respond to of 99280

Zeev, Here's what Larry would have told you. stockcharts.com

To: Zeev Hed who wrote (86796)	6/26/2002 4:38:40 PM
From: Jeffrey S. Lillie	Read Replies (3) \| Respond to of 99280

Zeev, Since you are so much better at this than I, I wish you the best of luck on your QLGC and others (especially the QLGC) that you are holding overnight. One thing that bothers me is the storage guys are still underperforming. I printed off the premarket prices and compared to end of day. Of the 16 stocks on my screen, all but 4 were up 5% or more from lows. These are QLGC,ELX,BRCD and AMAT. Not sure why AMAT joined the underperformers, but it did. I am pulling for your revised scenario of this was the botttom and we rally. At this point I would be happy getting back to even on my QLgc and ELX (very happy). QCOM is my largest holding and it performed quite well. Maybe green on that by Friday. Jeff

To: Zeev Hed who wrote (86796)	6/26/2002 4:40:14 PM
From: yard_man	Read Replies (1) \| Respond to of 99280

you've been on a roll ... don't see WHY it shoud end now.

To: Zeev Hed who wrote (86796)	6/26/2002 5:05:38 PM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 99280

Zeev: Re: "If today's low of 1375 holds over the next week my first target would be the 1595, still a nice 16% or so, if the developing rally (if we have one, this is all conditional on development during the end of this week and next) start and show good progression, we could go as high as the 1695 to 1710 major resistance. or close to 25%." Boy, I must have missed all the GNTs to support this glorious forthcoming rally <g>.

To: Zeev Hed who wrote (86796)	6/26/2002 5:13:14 PM
From: ajtj99	Respond to of 99280

If this does indeed bounce, the next low should around 1197 after a high around 1595, IMO.

To: Zeev Hed who wrote (86796)	6/26/2002 6:32:34 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 99280

Thanks, Zeev. The indicators I follow suggest that 25% up from wherever the low is is realistic and likely, but that close to a 40% pop like we had three times in the past 18 months can only happen if we head back down and get a much worse nas bp, slightly worse vxn and vix, and somehwat worse new high/low ratio. We wouldn't necessarily have to go much lower than todays low, and in fact could be not as low and still satisfy these issues. I just don't know how you nail these time frames so well, even a week in advance, let alone 6 months.I thought I had it figured out but I don't. All the best, Gene