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


To: Zeev Hed who wrote (2824)11/2/2001 11:55:34 PM
From: GTC Trader  Respond to of 99280
 
<< CDTS - Please explain strategy >>

Zeev,

Thanks so much for the kind explanation. I feel much better now.

I can't keep up with all of your posts, so I missed your earlier explanation. Sorry to ask you to repeat.

Bulls would say that it is VERY BULLISH that the market has done so well in the past two days despite a lot of uncertainty and very bad (surprisingly so) economic news. This indicates "tremendous underlying strength" in the market and a bullish trend. In a bear market, stocks should plummet on news such as today.

How would you respond?

I added to my short positions today, so I am trusting that your turnips are rights again. (OK, maybe not right in a strict way. They were off by one day and 3.35 Naz points!)

We should be due a retest of September lows sooner or later, so I am "rooting" for sooner with your turnips.

I tip my hat to my favorite farmer.

Have a great weekend, Zeev!

You raise the most amazing vegetables!

Best regards - Ken