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

To: Zeev Hed who wrote (87693)	6/27/2002 7:05:32 PM
From: ajtj99	Read Replies (2) \| Respond to of 99280

Zeev, I take it that we are in agreement that we will have a re-test on Monday or Tuesday, and that today was not the re-test. That's all I was saying. Furthermore, I was pretty surprised you stayed in the traders overnight knowing how the typical bottoms work out. Window dressing on your strong traders is the only reason I could see. One thing I have observed is that often times the Dow does not re-test like the COMP does. It often times strays a bit farther away (2.5-3%) when it re-tests. I have no doubt we will cut through these lows like butter on the next drop. Things are going to get real nasty this fall and early next year.

To: Zeev Hed who wrote (87693)	6/27/2002 8:21:37 PM
From: bcrafty	Read Replies (1) \| Respond to of 99280

Zeev, are you still holding to your 6/28 intermediate term low scenario or have you now moved that forward to next Tuesday?

To: Zeev Hed who wrote (87693)	6/27/2002 9:46:42 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Another element to the bottom test is if we do not have strong sentiment at the bottom, like a gap to fill, the re-test is often closer to the low from what I can gather. I can't get a bead on the Dow. From what I can see it does the re-test anywhere from 1-day to 4-5 days after the low. For all I know, the Dow tested today and was successful.