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 (2652)	11/1/2001 10:27:40 PM
From: LTK007	Read Replies (1) \| Respond to of 99280

yes--the intaday highs from 5/22 to 8/2 were 2328/2264/2181/2103,and then down we went--and during all that time the vast majority were calling it a consolidation precedeing to an explosive UP move.Max p.s. we had a stick to 1836 on 9/4,and have not been above 1793 since--range on 9/4 1836.39 to 1770.76-close at 1770.78/opened at 1802.

To: Zeev Hed who wrote (2652)	11/1/2001 10:35:21 PM
From: Crimson Ghost	Respond to of 99280

Zeev: I do not short individual stocks, but I do short the market via bear funds. BEARX for instance moves inversely to the average of the NAZ and S&P 500. So if you have the NAZ dropping 20% and the S&P 500 10% from the peak, BEARX can be expected to rise about 15%.

To: Zeev Hed who wrote (2652)	11/1/2001 11:44:22 PM
From: LTK007	Read Replies (1) \| Respond to of 99280

just used the highs on 5/22 and 8/2 and see your 1815 could be hit without breaking the downtrend channel as measured from 5/22--FWIW:) max p.s. the Agony to be Mister Kim--lightning strikes twice with one out from game over--incredible--back to back nights--at least he will know his name will never be forgotten--cripes.max

To: Zeev Hed who wrote (2652)	11/2/2001 12:09:08 AM
From: stormrider1	Read Replies (1) \| Respond to of 99280

Zeev have the turnips taken into consideration the cancellation of the 30 year long-bond? What would be your thoughts on the short or long term affects on the equity markets? TIA Mike

To: Zeev Hed who wrote (2652)	11/2/2001 5:49:15 AM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 99280

I understand your point. Issue is whether we are at May 22nd as of last week or is it yet to come. Tough call and I have none to offer. Chart of that period: stockcharts.com[w,a]daclyymy[d20010401,20010601][pb50!b200][vc60][iUb14!La12,26,9] My response has nothing to do with analysis inasmuch it has to do with perception. I don't get the feeling now that the bulls have the conviction of mid May yet. I have not seen too much in the way of bottom calling. I have not seen any "train leaving the station" calls. Where are the SOX upgrades and bottom calls? I have not seen too much in the way of silly analyst upgrades of stocks and sectors. Where are the strategist market upgrades? Where is Abby? Where is the table pounding? Maybe times have changed. Hard to imagine. Maybe I have just missed that nonsense and it has already happened under my nose. I have not seen shorts question their decision as of yesterday. No offense to those short. Heck, I am even net short as of the close. But usually there is a period of self-doubt and that may be yet to come. Yet, of course, last week shorts had a very difficult time. But at the same time, I see a tired rally. Anyway, those are my thoughts FWIW.