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Re: Zeev Hed post# 76220

Thursday, 02/13/2003 7:23:34 PM

Thursday, February 13, 2003 7:23:34 PM

Post# of 704041
If we were to somehow hold these levels and rally, instead of continuing the drop into the end of the month/early march (call me crazy), it would not be unreasonable to have the nas close above the 1327 area and work towards 1400. This assumes that you were late on a turn call (theres always a first time) and markets reversed up before in time and price from your projections.

I am relatively new to forecasting, but learned from the best (you) when i started reading your work on si last july. I have gotten average overall. excellent on tops but lousy on bottoms (turns) so net rating is average.

My weekly charts are in turn mode now. ill have to sum up the 29 to see where they stand after todays events. Part of what goes into my trading range rather than a straight trip to oct lows is the weekly charts, levels of various indicators relative to extremes over last three years, etc.

kind of rambling here, but am most interested in your thoughts on a turn here or a little lower that takes the indexes higher for a few weeks to a month.
steve

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