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


To: EaglePutt who wrote (86929)6/26/2002 9:08:53 PM
From: SirRealist  Respond to of 99280
 
I didn't follow Zeev's thread completely today so I'm not sure what's being called in turnipland. Of what I read, the projections seem mixed.

I posted late last week about all the 30 stocks in the DJIA and IBM was definitely mentioned there.

BTW, I bleeve the indexes will find their bottoms next year when MSFT hits 23.50.... seriously.

NASDy should hit bottom between 925-995; then the tech-correct will finally be over. And the Dow? It might get off easier than I initially thought, with 6975 as its low... and about 6200-6400 as the outside possibility. After all, in the past decade, NASDy multiplied by 10 to its top while DOWdy multiplied by 4, so the downside should be milder.

I have it as a bottom next Apr/May, a retest by Dec/93-Jan/94 (which should withstand the challenge), and it permits a 6 mo bullrun in the first half of 94 to get Dubya renominated.

If history's any guide.