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

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To: mishedlo who wrote (68389)5/16/2002 8:32:55 PM
From: kanuti  Read Replies (2) of 99280
 
Thanks for that detailed explanation. I am also surprised that today did not end up down. But it is not like we rallied either. You are the expert on put/calls so I certainly am not going to debate you on that point.

IMO this market has whipsawed most everyone into a state of confusion. Perhaps myself more than others. But for the moment I still believe we head down again shortly. I don't see that the market is as overbought as you do, but agree it can stay oversold or overbought for long periods.

TRINQ has been bothering me also for the past couple of days.

Personally I can not find anything that forecasts a sustained rally. In this market anything is possible but, for the moment, I will stay on the dark side.
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