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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Jeff who wrote (57842)4/28/2002 1:06:01 AM
From: Mike M  Read Replies (1) of 99280
 
Did I understand you to say that you think biotech will lead us up from 1400 into the fall before the FALL?

I have been taking NEM for a spin for a few months. Had been trading it but looks like it would be better to treat it as a buy and hold to be picked up in the fall. Apparently it would remain a good short term trade this spring.

P.S. Zeev has been the most willing poster I've known to come clean on his mistakes. He has good instincts on the rallies and is quick to exit when things don't go his way. I think a lot of folks place too much trust in his prognosis and then lose money because they cannot trade like Zeev.

I also think he is wrong about gold which he doesn't believe has much upside.

Zeev doesn't short for two reasons. He says he hasn't the right temperament. It is also because he cannot, I believe his operating account is an IRA...He could probably sell covered calls but where is the profit in that unless one is forced to hold on to the equity?
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