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

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To: Zeev Hed who wrote (86282)6/26/2002 11:48:09 AM
From: mishedlo  Read Replies (1) of 99280
 
Zeev, the TRIN and TRINQ suggest to me pretty heavy selling during this entire ramp. I see no real buying unless it is distorted by WCOM or something.

At any rate, I would 1/2 expect we close close to green, but perhaps selling picks up this afternoon.

Not sure what it takes to get a GNT or fear but the PPT (and or dip buyers) will not let this market die. No reason why we can not just keep grinding lower.

I am also bothered by the near uniform opinion that we have a strong rally soon. Bears and bulls alike, even Luc!.

While I am taking put profits, I am not sure I want to go the other way.

M
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