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

To: Zeev Hed who wrote (5405)11/13/2001 10:46:02 PM
From: Estimated Prophet  Read Replies (1) | Respond to of 99280
 
I try to be a trend follower and think like a criminal too. So when the trendy criminals are in charge, hopefully I make out like a bandit! (g)

Seriously, you are absolutely right about the trend on MU, it does not mean a whole lot when there is a "scenario" brewing. I remember that trading range between 60 and 80 presplit seemed like it went on forever, and unfortunately I bet it would break downside, so I shorted in the low sixties when I *knew* it would finally break down and lo and behold it went to over 100 and stayed for quite a while.

I haven't discounted your analysis since then.



To: Zeev Hed who wrote (5405)11/14/2001 12:00:46 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<Particularly, LG's principle "Think like a criminal" (g).
zeev.> i have never forgotten that since LG wrote it.It was a consciousness raising experience in terms of how to view the Market.
And some what along those lines,here we are with NDX100 primed to bust out BUT MaxPain says "can not happen"--QQQ MaxPain is 35-36.
Based on that only i am going out and saying big headfake and then down we go.Max


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