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

To: ild who wrote (13026)12/13/2001 10:44:04 AM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
The 1963/65 should provide for a minor bounce here, but I don't think it will be much more than a "lunch
" support". The fact that we have not yet registered -900 or so on the tick indicates to me that the fear is not particularly high and can go higher. I have a minor local low on December 14th, so an action here should be of a "lunch type" rally, no more, IMTO. Enogh for me to deploy the the Q (sans JNPR). BRCD at $38 flat, BRCM at $42.70, QLGC at $53.60, EMLX at $38.26.

Zeev



To: ild who wrote (13026)12/13/2001 1:48:36 PM
From: mishedlo  Respond to of 99280
 
Zeev, Selloff is pretty significant, but TICK and TICK.Q have not been anywhere close to extreme. Any thoughts?

You did not ask me but I want to offer this.
Heavy trin and not so mnegative tick says that dippers are out in full force with no fear.

Reversal on P/C ratios yesterday says someone knew selling was about to begin.

M


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