Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I did not see you post a buy on that basis, did you? SNDK can drop 5% it gained in a single session... I remember the "good old days when a bottom in the semi was not signalled until at least 3 days in a row with had the stocks above 200 DMA at zero.... (there was one string of 7 days before the October 2002 bottom, if memory serves...), at the same time we had that number on the 10 DMA under 10 for five solid days in September, before the ultimate October 2002 bottom. Watch for the "turn", not the actual number and use DMA in conjunction with other parameters. It is an extreme that counts, not necessarily a low number.