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jdaasoc

01/02/03 10:04 AM

#60734 RE: Zeev Hed #60731

For two weeks market goes nowhere but down on very low volumes. New year comes and ISM report makes market pop upwards 1% in a few minutes. Hype and pump are back. I think it will last until 14th when IRS comes a calling for next estimate tax payment.

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jrintl

01/02/03 10:22 AM

#60744 RE: Zeev Hed #60731

Zeev, between Xmas-New Year's, you were less optimistic about the potency of a bounce from these levels, but in your yearly forecast, you are now looking for a double top of sorts..

What changed for you? Are you focusing on the lack of new lows as we broke 1347 (thus watering down that number?)