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

To: t2 who wrote (28904)2/9/2002 9:48:05 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
What concerned me Friday was the way in which a lot of the old high fliers; the stocks that usually are the highly shorted names. That hinted of short covering going on in a significant way because no one in their right mind would buy the emlx, vrts types of stocks in this market, imho.


NV, it is interesting to see how you've switched from being bullish to being bearish. You really called the rally extending beyond Zeev's ceiling last November well. You saw the sentiment, looked at the short positions being pressed, and knew we were going higher.

Nice major trend calls.

ork



To: t2 who wrote (28904)2/9/2002 5:21:42 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
common sense indicator NV---overhang is a MAJOR aspect of resistance.One can feel the market exhausted itself trying to put 2000 behind it just recently(this was a major defeat for the bulls--major)--. Simply physics here NV,no indicators.


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