Zeev's Turnips Patch-No Politics (ZEEV)

[fibo]

Before I go,my thoughts on the week.


First I would like to thank Zeev for creating this thread,I was introduced to it by a friend of mine in England last week.

I ran my own Thread for three years(the hottest thread in uk for two years) before I felt I needed a break and hence have decided to take more of a back seat,although I still love trading and do trade for a living.

We over here follow the Nasdaq the DOW etc ..for finding direction in ours.
I will be moving to USA within month(Arizona)and will start trading US equities,so I am familiarising myself here.

Sorry for going on.

My thoughts on the week are
If nasdaq holds 1275 we are going to see a rise to 1575/possible 1630 before we fall to 1100/1150ish.

I should imagine the greatest possible scenario for a rise is 1150ish with a mileage up to 1575 max.

But I am hoping 1275 will hold.

Nice to see so many educated and well thought out posts here
GOOD LUCK

cranium