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

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To: TraderXx who wrote (37271)3/5/2002 12:02:27 AM
From: mishedlo  Read Replies (4) of 99280
 
TraderXX - I believe I stepped aside and did not short this rally unlike some. My Max Pain analysis suggested a rise to QQQ 37 or higher did it not? Since other indicators did not fall in place I did not trade it.

But...Did you hear any other bear on this thread discussing the possibility of a rally to QQQ 37-40 by March Expiry? I could be wrong but I do not think Zeev thought this had a decent shot.

I am always looking for reasons why it might be wrong to short. I step aside very very quickly when proven wrong. Do I think I am a good trader. No, not really. That is why I have been trading very small lot sizes.

I do not expect the markets to go up every day or down every day. Zeev only plays the long side, why is it wrong for some to mainly play the short side? Zeev steps aside when he thinks the market is going down. Earlie does the same thing when he thinks it is going up. Does that make Zeev a bad trader cause he only goes long?

Furthermore, I have posted the criteria that I was looking for to go long, basted on TICK count and TRIN. Those did not come, but we rallied anyway. I guess that is life.

Finally
Geprge Cole has said nothing IMHO that merits calling him "numbnuts".

So GFY.

M
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