SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rocklobster who wrote (36895)3/4/2002 1:49:40 PM
From: Zeev Hed  Read Replies (2) of 99280
 
It has happened before quite often, and just as those short give in and cover, it delivers a whipsaw. My preference, as you know, is to only play one side (the long), and simply go heavy in cash when I think (as I did last week, apparently, wrongly so) that the market is still weak. That way, I lose some opportunity to "make" profits, but do not risk losing too much. Right now, you got to watch the prelunch lows at around 1830/5 or so, if they are breached later this afternoon, there is a good chance that a counter move (to around 1790 o so?) could be under way. The bear case is not renewed unless we close under todays' low at 1789 or so.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News