Replies to post #105559 on Zeev's Turnips Patch-No Politics (ZEEV)

[baletwine]

You are correct hamvestor.

But now that the 200 day moving average is "back on the rise", it could just get itself up to the 1400 region about the same time the Naz does gets itself down to it... <g>

The Memorial Day 200...?

-- Bale

[plexxus]

Ham sorry I should have mentioned that I use the 50 and 200 day EMA's. Currently at 1417....and note the 50 is about to cross the 200 day normally a bullish sign. Also the fact that the 200 day is curling up on the daily is also a positive indicating a support level on a pullback. I'm also in the camp here that I'm skeptical that we've topped out here based on the p/c...few divergences etc. Seeing loads of bullish flags forming in the small cap sector during this pullback. Time will tell as always.

http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[l,a]dalayyay[dd][pc50!c200!f][vc60][iUb14]&....