Replies to post #148057 on Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

ndx also struggling again at 1370+.

again i point out, this is where onieschka was looking for topping action to begin. he's been pretty good throughout this rally. (although i think he's now on vacances.)

[Sherlock356]

Zeev some of the "softness" could have been from investors holding back until after the Intel report and tomorrow's empl numbers?

[ajtj99]

Zeev, I think possibly today continued a wave 4 corrective move that began yesterday.

If that's what we're doing, we should soon move up for a final blow-off that could hit that 534 new high number I'm looking for, max out all of Les' scans (well, if he ran them intra-day), and hit solid levels of resistance, whether they be lines, fibs, or past levels of support/resistance.

I expected a day like we had. With the move we had earlier in the week, a sideways correction for a couple days is not out of the ordinary.