Zeev's Turnips - No Politics Message Board

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

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To: Stockdoctor who wrote (75421)	6/6/2002 3:19:42 PM
From: Zeev Hed	Read Replies (2) of 99280

No actually, I have about a 20% chance of the Nassacre finishing next week, for that to happen tomorrow should be down, Monday should be black and so will Tuesday and then we bounce after a hard morning Wednesday. If Monday takes the dimensions of a massacre, the bottom could be Tuesday. At this point, I have no better visibility for that "outside" scenario, but I am fearful enough of its probability increasing that I am not playing an EOD short covering bounce here. I am at 78% cash and intend to stay that way. (I am not in tomorrow morning, another reason for not playing a late afternoon possible short covering run). I mentioned earlier today that 1570 could be the top for the lunch rally, and that number could hold as a barrier over the next three trading days, IMTO. Zeev

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