Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ajtj99 who wrote (30694)	2/18/2002 12:28:56 AM
From: Mike M	Read Replies (1) of 99280

aj, what happened in September makes it that much harder for it to recur in February. September was news driven capitulation leading to extreme oversold conditions. Hard to draw valid comparisons with what we are facing today. I suspect we may have another relief rally before we sell off(if we do have a break below 1770). This might relieve the put/call extremes. Of course, some news event may trump any rally. If we all knew what was going to happen, who would be at the other end to accommodate our trade?

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