Zeev's Turnips Patch-No Politics (ZEEV)

[hightecheast]

Zeev. The COMPQ has now apparently failed to hold above the 61.8% retracement of the January to October, 2002 slump around 1720.

My question ... if 1776 is the top of the rally from the October, 2002, how much might the COMPQ correct by the end of September or October?

..... 38.2% to about 1521? ... that looks about the smallest correction to me ...

..... 50.0% to about 1442?

..... 61.8% to about 1363?

..... test the October, 2002 low about 1108? ... [gulp]

Anyone else have any thoughts/comments?

Ken Wilson