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


To: TREND1 who wrote (3062)11/5/2001 11:35:55 AM
From: Rich1  Read Replies (1) | Respond to of 99280
 
I agree Larry and think we are going higher...BWDIK
BTW the Cylce guy said if we coudl get over 1090 on the S&P it would signal a top and we have blasted past that by 16 points..(currently at 1101 which is eleven..)



To: TREND1 who wrote (3062)11/5/2001 11:42:37 AM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
I guess there still are enough bears around

The shorts don't seem to understand that being short in a two steps forward one step back market is a difficult thing to time. When to close out short position is hard to do when things just seem to keep going up.
We are bound for a step back but one or more "two steps ahead" by year end will leave us much higher then where we are today.

PS NYSE trin 0.6 striaght line up this morning but nothing to right home about about today being market top.



To: TREND1 who wrote (3062)11/5/2001 12:52:39 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Larry, NDX is still below its high of 1487. That has to be factored in. High so far is 1479, which was the closing high of October 25.