Zeev's Turnips Patch-No Politics (ZEEV)

[montanamark]

zeev, do the turnips consider trend lines? so far, the compx
has not even run up to the most recent downtrend from the high in mid may. it must break through approx. 1370 area and then
it has the moving average as resistance and after that, another
downtrend from the high in march. it would also appear that many who attempted to find the bottom over the last month or so
may wish to clear the deck when they break even. not attempting to rain on the parade and am willing to play either direction. i am more cautious on the nas and compx. rightly
or wrongly the techs have been vilified. it appears many
perceive the dow to be more "safe". the dow also has room to run before hitting the first downtrend.