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


To: Zeev Hed who wrote (11274)12/6/2001 6:01:33 PM
From: TREND1  Read Replies (3) | Respond to of 99280
 
THE CLASSIC ZEEV BOX TRADE (CHART)
geocities.com

Larry Dudash



To: Zeev Hed who wrote (11274)12/6/2001 6:59:58 PM
From: Mark Johnson  Respond to of 99280
 
<<I am not sure we get much of a retrenchment either, but a breach of 2026 should get us to the 1850 or so by December 14th.>>

Here's what I said last night:
"My turnips say Zeev will revise his Naz Dec. low of 1625 to 1850 now that we have breached 2000....Then when we retrace he'll revise his low to 1775 if we breach 1910.....after he predicts an imminent high follwed by a sell off and an inevitable rally after a predictable bottom......Blah, blah, blah.......LOL...."

What a joke.....what happened to 1625......
You said a few days ago:
"If a new scenario comes into play, than the low in December will be probably around 1625 (nominal 1628), with a small bounce later this month from 1782"... Message 16664693

Bunch of Bull is what I see.....



To: Zeev Hed who wrote (11274)12/6/2001 8:24:35 PM
From: TimeToMakeTheInvs  Read Replies (3) | Respond to of 99280
 
Cybersavvy's great charts show the 2102 resistance you alluded to in the past Zeev - saavycharts.com
tim



To: Zeev Hed who wrote (11274)12/6/2001 8:43:58 PM
From: SOROS  Respond to of 99280
 
Yep. I think you are right. Ain't no way this Nasdaq is going to rally 45%. 44 44/100% maybe. 45%? No way.

I remain,

SOROS



To: Zeev Hed who wrote (11274)12/6/2001 9:12:48 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Zeev, I think most of us would agree the "Greenspan Put" is a gimmee this time. If we hold tomorrow and we do have a high near the top of the channel on the 11th around 11:00 and 2:00PM, any sell-off may be contained by the bottom of the channel as well as either the bottom or top of the gap-ups Wednesday (1963-1980).

I would say if we breach that gap level, your low into Friday is on. If not, we may have a high on Friday on that critical cycle day (as well as a triple top).

I'm not real experienced in the normal "January effect" coming right after a pretty critical bear market top.

I believe if we have a high on the 14th, we might need to drop no matter what the following week to satisfy Max Pain on Dec. 21. Mish's eyeballs had 39-40 QQQ for Max Pain most recently, and I don't think they've moved beyond 40 since. That's a full 10% correction off a COMPX double top, giving us a possible 1900-1934 for the week of the 21st.

With bullish sentiment high and a low volume expected the following week, a ride up again to a lower high would be the outcome that would seem most likely to me. I believe there will be a push by the funds to keep us near round numbers for the end of the year and help their own performances on an annual basis.

The tax-loss selling should be minimal, as the SPX would be down 10% and the Nasdaq 10% also. Not too many profits to offset the losses. Portfolio shifting is a given.

I guess that I'm trying to find a way to fit January into things right now with a triple top at 2102 possible next week and a decline into March/April a likely event.
I'd be interested in any ideas you might have to make such a scenario work with the traditionally strong month of January.