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 (41445)	3/17/2002 9:16:31 PM
From: Zeev Hed	Read Replies (3) of 99280

I don't agree with you, I think that at best we get a "gap and crap" tomorrow, and then down, maybe even sharply. In the last few days, every time the tick turned positive on the naz, selling intensified as indicated by the trin refusing to decline under 1. There was stealth selling, and typically, that precedes "open selling". One of the reasons I have turned a tad more bearish for the next week or two and increased cash position again above 50%. The breach of $30.50 on EMLX is actually quite ominous for the Q in general, and where the Q goes, the Naz follows. Also note how stubbornly GNSS refused to even penetrate the gap above $32, another ominous sign. Zeev

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