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

To: Zeev Hed who wrote (15573)	12/21/2001 11:05:31 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 99280

Zeev: Re: "Justa, whether or not we get a retest of an kind in the next ten days will probably not change much the bullish tone in January...." Depends on what happens in the market price wise and its technical backdrop. I am seeing a market that reminds me of the end of June right now. For example, I see the VIX making a low close for the move today in a downtrend which could stick it at below 20 at the end of the month. This was the low for the rally in the Spring. That June month was no mistake. The houses were selling the market hard going into half-time and they may be set to do it again into the end of the year. But I suppose it would be too obvious for that to happen. But the general trend is in that direction anyway. Re: " but will change the general nature of the market thereafter." Makes sense.

To: Zeev Hed who wrote (15573)	12/22/2001 12:19:17 AM
From: ajtj99	Read Replies (2) \| Respond to of 99280

Zeev, actually that would need to be in the next 3-1/2 trading days, since the 31st is always an up day. We could have a repeat of last year with the bad Jan. 2nd and 3rd, however, if we drop towards the end of next week.

To: Zeev Hed who wrote (15573)	12/22/2001 1:07:45 AM
From: ajtj99	Respond to of 99280

Zeev, the only reason I can figure that you're holding your breath is that there is more money to be made in the "to the moon" scenario for a long-only buyer. Otherwise, it is actually more healthy for equities to remain somewhat earthbound. Be careful what you wish for <G>.