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


To: t2 who wrote (32032)2/21/2002 9:40:12 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
I already positioned myself for a "gap and crap" opening in AH. No I would not buy a weak opening per se. I don't know where this Chinese torture will end, I need to see the actual fear and sweat, and unlike today, when the CFZ was caught sleeping at the elm at 1:30, you would want to see that thread full of battle cries, "short that pig", and and "just bought a boat load of QQQ puts". I just went to read the CFZ thread from around 12:00 on, they were actually mildly bullish, someone expected the buying from yesterday to rematerialize this afternoon. Around 3:45, few mild voices (sold everything and "bought puts") where chiming in, a little too late. I don't think they had a clue what hit the market so ferociously (neither did I around noon today).

Zeev