Replies to post #366328 on Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

Hi, tantal. NOTHING is 100% predictive, we just do the best we can with our rearview mirrors. Ain't T/A grand? Everyone sees the same thing and comes away with different conclusions, just like in the real world. LOL

Yes, Zeev is looking at market internals, etc. to bolster his conclusion that more up is coming, while, as I stated, based simply on the chart alone, that is not necessarily indicated. The uptrend you mention (assume you mean the one beginning in July '04) ended IMO when the lower t/l was breached in January '05, so, again IMO, the current symmetrical triangle occurs in the falling channel.

I don't know which way this will go, but we will all know soon. Thanks for your comments.

Newly