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

To: Zeev Hed who wrote (32564)	2/22/2002 8:10:38 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Zeev, thanks for the thoughtful post. It certainly is a lot like last Feb and March in that we think we know where the slide will stop, but the market keeps telling us otherwise. As for da_cheif's prognostications, I just read what he posts on his SI thread, so I don't know what he thinks right now. I believe he has said here that the Sept. lows were a re-test of the Fall '98 lows, so I think in his mind (but probably not his trading account) he's bullish to the max. I think he's looking for one more peak on the Dow and SPX before a correction, but I'm not sure. Rich would know that better. Da_cheif has a bullish attitude, but he trades the trend like the rest of us, so I don't think we can get a handle on what he's doing by reading his posts or boasts. If we do re-test the Sept lows on the COMP, I've got to believe we'll do it in concert with the other indices. No one index will go it alone. As for people asking "Is this it?" I think if we just say we need 3-straight days of a -1000 tic on the COMP that will answer that question. As for me, I'm no longer playing calls after today's episode. I'm like LVLT fiber - mostly dark <G>.

To: Zeev Hed who wrote (32564)	2/22/2002 8:53:05 PM
From: Rich1	Read Replies (1) \| Respond to of 99280

Cheif shorts the SP as much as he longs it... He basically has been short since 1170.. Added WCOM and T yesterday to stock portfolio...

To: Zeev Hed who wrote (32564)	2/22/2002 9:13:04 PM
From: Ted Downs	Respond to of 99280

Recession Declared Over (maybe) nytimes.com

To: Zeev Hed who wrote (32564)	2/22/2002 9:25:33 PM
From: michel petit	Respond to of 99280

What indicators?

To: Zeev Hed who wrote (32564)	2/22/2002 10:51:47 PM
From: Stockdoctor	Read Replies (1) \| Respond to of 99280

Zeev....your indicators calling for 1200ish could very well come true by April. We seem to be in a serious downtrend in Nasdaq while the money is hiding in DOW. INTC March 7 party will set the markets in even more intense downward spiral i am thinking. DOW....do you think it will play catchup to Nasdaq. Are we getting setting up to some monster down days on DOW?