There are some levels that are "anticipated", and when reached real time flash signals during the day, other parameters involve daily closes and even weekly. Yesterday's close actually, went back to "whipsaw" mode, but not enough to negate the bear suit, but getting quite close. The turnips model now actually calls for a neutral to bearish stance, calling for about 50% cash rather than the 70% cash it called for earlier this week. If we actually close above 1447 on the Naz, as ajtj suggested, we could set up for a retest of the 1520. Short and longs are in a high risk area (thus the 50% cash) since external events could cause either a move to 1520 or a move to 1320 with equal very short term. Medium term (three to six months), the turnips bear suit is still in "control".
Zeev
