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

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To: Zeev Hed who wrote (67166)5/14/2002 6:38:32 PM
From: shoreco  Read Replies (1) of 99280
 
Zeev, What do you think will be the catalyst to have this market reverse and set new lows...

I know your calling for a bloodbath, but for some reason I get the feeling "they" aren't gonna let it happen...

It looks to me like "they" are loading with inventory and they will slooooowly unload the goods just like "they" did in March...

I see them running the Nasdaq somewhere in between 1740ish and 1800ish depending on the "mood"...

I could even see the QQQ's try for 35ish but not before we stall around 33ish for expiration...

If they just "gap" this thing up again I will be less of a believer of the above scenario...

I was long, I sold, now I must step to the side....

EOM
Shoreco
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