Replies to post #88120 on Zeev's Turnips Patch-No Politics (ZEEV)

[Public Heel]

Thanks. In that case, no way are we starting a cyclical bull. Even with a best-case scenario in Iraq, but the third or fourth month, things there will be starting to look ugly, and no one will see any way out. I think that's bound to stifle the Market.

[whitelake]

This picture describes the way I feel tonight.

[ajtj99]

Zeev, Les' scan shows 99% of NDX 100 over 10SMA. 61% over 200SMA, 90% over 21 SMA, 80% over 50SMA.

Those numbers have usually signified a top. The thread I post charts on has the scan numbers off the major highs going back to 2001 for your viewing pleasure:

http://www.investorshub.com/boards/board.asp?board_id=1613