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


To: Justa Werkenstiff who wrote (25018)1/28/2002 6:55:41 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
Justa, your ability to make comparisons to prior periods and draw conclusions has been impressive. Do you have a favourite software or scan to help you, or is it just a lot of hard work looking at charts?



To: Justa Werkenstiff who wrote (25018)1/28/2002 7:11:46 PM
From: sylvester80  Read Replies (1) | Respond to of 99280
 
So do we wait for the meeting to rise some more and then sell off or is this it and we sell off into the end of the month or is there something else going on?

That is exactly what I expect.



To: Justa Werkenstiff who wrote (25018)1/28/2002 8:18:54 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
VXN: Closed at 42.96, right on the low. It was close to that on July 2nd at 43.97 at the close but tonights close appears to be the lowest since September of 2000.



To: Justa Werkenstiff who wrote (25018)1/29/2002 6:00:34 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 99280
 
Justa, excellent analysis yesterday <gggg>:

"... but the VXN and the VIX are saying for longs to take shelter. These sentiment cliff dives without price appreciation have been ominous warning signs, especially at the end of the month. See June and August of last year."

"On both prior occasions, the rally was complete within 7 - 8 days at which point the market sold off into the end of the month and continued selling off into the next month."

"The nasdaq performance the past three trading days mirrors the trading in those two rallies that marked the top."

siliconinvestor.com



To: Justa Werkenstiff who wrote (25018)1/29/2002 7:35:56 PM
From: LTK007  Respond to of 99280
 
justa you is hot:)<<So do we wait for the meeting to rise some more and then sell off or is this it and we sell off into the end of the month or is there something else going on? Who knows for sure but the VXN and the VIX are saying for longs to take shelter. These sentiment cliff dives without price appreciation have been ominous warning signs, especially at the end of the month. See June and August of last year.>> now go take that arrow out of the dead center and go reload your bow:) FWIW i see 13ema of COMPX is within 10points of crossing BELOW 50ema---this down crossover has not occurred since 6/14/2001----but it hasn't happened yet,but very very close to doing it.