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


To: exp who wrote (33134)2/25/2002 2:24:17 PM
From: 4rthofjuly007  Read Replies (2) | Respond to of 99280
 
I think that vix could work its way down to 20 over the next 2-3 weeks as the market trades in a range. I don't think we will head straight down. Shorts need to be frustrated and longs sucked in. I can see us getting to 10400-10500 on the Dow and CNBC proclaiming that the Bear is dead. I think that it is more realistic that we head down in April to a lower low than we saw on Friday. Perhaps even to the Sept. lows.

I plan on staying heavily short and perhaps adding if we get to the mid-1800s on the compx.