Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (379)	10/12/2001 10:39:25 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99280

Zeev: Your price scenario looks to be the correct one. But it seems to me that with the NAZ making up all of today's losses by the close, we may reach your target of 1793 this month instead of November

To: Zeev Hed who wrote (379)	10/13/2001 3:25:35 PM
From: Justa Werkenstiff	Respond to of 99280

Zeev: Re: "Justa, I think that today's swoon (whatever the precipitating reason) qualifies for the expected swoon down, th neat thing is that we actually put in a place an extremely nice dragon fly by the end of the day. My "two step forward one backward" scenario for the next few weeks still holds (g)." My "no retrenchment" comment applied to Thursday's market and not that of Friday. When you have panic buying, you might get a small dip like we did on Thursday but the market closes at the high for the day. As for Friday, there is little doubt in my mind that if the anthrax scare did not occur we would have closed higher on the Nasdaq by at least 20 or more points. So if we start where we left off on the Nasdaq on Monday, I will be selling more into strength like I did in Thursday's after-market. In fact, if it is strong enough, I might just dump the whole load. Then again, I might not get the chance because I think we are peaking if we have not done so already. If we have peaked, I will just lay back and accumulate toward the end of the week on what may prove to be a down week.