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


To: Zeev Hed who wrote (4010)11/8/2001 1:05:31 PM
From: Pierre  Read Replies (1) | Respond to of 99280
 
Why are you rushing to short here ...

Fair question. Sense that we've seen day's highs. Yesterday we spiked at 1:50. Market doesn't seem as robust right now so thinking it's flat or down from here. If it does spike in the next hour, I'm thinking it won't take out current highs. If I'm wrong I get taken out at current highs ... relatively minimal risk. I then start watching for that 1940 level for the turn, or unzipping, as the case may be. <g>

Thanks for the info, and the question.

Pierre



To: Zeev Hed who wrote (4010)11/8/2001 1:07:41 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 99280
 
Zeev: Re: "it seems quite clear that the 1920/40 area should be challenged before we turn."

I don't think this is so clear. I think we could turn at anytime in here just as much as I can see a run to 1920. We are in the guessing zone IMO.



To: Zeev Hed who wrote (4010)11/8/2001 1:09:00 PM
From: vampire  Read Replies (1) | Respond to of 99280
 
Hey, he's shorting about 40 points from where you are now calling the high...i know you start deployment about 40 points from where yu see the low (and start taking off table 40 points from high, no?)



To: Zeev Hed who wrote (4010)11/8/2001 6:58:59 PM
From: waverider  Read Replies (1) | Respond to of 99280
 
I'm going through the posts now so I am probably missing some of your notes on this Zeev, but Lordy, isn't wild that around the time of your post and others making comments that we are now set to fly further up...the market starts to tank?

I left for the day around 1:00 and set a stop on my KLAC short. Yup, they took it from me at just shy of $50 on the second run to that number...then...

Let's put our hats on and figure out what the hell today taught us...

wr