Zeev's Turnips Patch-No Politics (ZEEV)

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Don Sew Chat Recap 5/2/03. By the way, Don didn't think we are in a New Bull, he just wants to respect the breakout and be conservative in his expected decline and changed from 18% to 12%.

Nikko_thyme
Intermediate Member
Username: Nikko_thyme

Post Number: 211
Registered: 3-2002

Rating:
Votes: 3 (Vote!)
Posted on Friday, May 02, 2003 - 10:49 pm:

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Chat Notes : Fri 5/2/03 9:30 PM


Weekly Signals :

SPX, OEX NDX : CLASS 2 SELL

NAZ : Borderline CLASS 1 SELL

RUT : CLASS CLASS 1 SELL

HUI : Nearing CLASS 2 SELL

GOLD : UPPER MIDRANGE

USD : Borderline CLASS 2 BUY w/ a 3 Black Crow pattern.



Daily Signals :

RUT : CLASS 1 SELL

SPX, NAZ : CLASS 2 SELL

All other indices are nearing CLASS 2 SELL


If the market continues higher CLASS 1 SELL signals on the daily and weekly basis may be reached in 1-2 days (may not require much of a move).


Instead of the original 18%, Donald thinks this Tsunami may have a decline similar to previous bull market Tsunamis which were about 12% (or lower) from the high which is set.

Donald is still holding his short positions.