Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

actually, my critical numbers are 1222.22, 1238 and 1263, just as they were on the way down (g). Not too far from yours. I am not sure about the 1325 being significant, more significant is 1347 (#msg-494898), the last "bear call" at 1347 on 9/11). My guess is that the best this rally can do is between the 1263 ans 1296, and that only if it does not become too one sided. My best scenario is a slightly lower opening and then from about 11:30 a resumption of the rally, if we get a gap opening, I fear it will be followed by the standard C, and then everything will depend on the behavior in the time window from 2:22 on, if we go up through there, I think the rally may have more to go, if not, we probably continue with that "consolidation" exercise for another three weeks, including possibly printing a new minor Naz intraday low.

Zeev