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

To: ajtj99 who wrote (33893)	2/27/2002 12:09:43 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 99280

I posted this on the PTT thread Message 17118193 ================================================== Nasdaq Bullish Percentage vs. the Nasdaq Composite (weekly chart). Notice that significant bottoms are found below 30 in all cases. It is conceivable that we have a minimum of 10 points and possibly 20 more points to the downside on the bullish percentage chart before we form a meaningful bottom. stockcharts.com[e,a]waclyyay[pb50!b200][vc60][iub14!la12,26,9][j3056158,y]&listNum=1

To: ajtj99 who wrote (33893)	2/27/2002 12:53:31 AM
From: T L Comiskey	Respond to of 99280

Ethics and "Creative" Accounting 101.......... Now possible 'Without' a Shredder.... T Secretary Fleeces Boss Using Erasable Ink > NEW YORK (Reuters) - A secretary at a Wall Street brokerage firm pleaded guilty on Monday to embezzling $400,000 from her boss's personal checking account by using erasable ink. In a plea agreement with prosecutors, Anamarie Giambrone, 34, pleaded guilty in Manhattan Supreme Court to second-degree grand larceny for cheating her boss, Eli Wachtel, an executive at the firm of Bear, Stearns & Company. Judge William Wetzel told Giambrone she would be given a term of two to five years in prison when she is sentenced next month. She could have faced up to 15 years in prison had she been convicted in a trial. In the criminal complaint, prosecutors accused Giambrone of stealing about $400,000 by using erasable ink to fill out portions of Wachtel's checks and having him sign them. "The defendant would then erase the payee and the amount of said checks and fill them out to herself or others without the victim's knowledge or permission," the complaint said. According to investigators, Giambrone spent at least $142,000 of the $400,000 to buy her husband, Salvatore, 33, a pizza parlor in the New York borough of Queens. Giambrone's husband also is charged with second-degree grand larceny and criminal possession of stolen property. Charges against him are still pending.

To: ajtj99 who wrote (33893)	2/27/2002 1:38:39 AM
From: mishedlo	Read Replies (1) \| Respond to of 99280

I am struggling greatly with max pain this month. If we get there it will be forced. A series of gap ups perhaps. There is no volume on the rises but there was heavy selling of the futures on the consumer sentiment numbers this morning. Trin was bearish all day indicating selling. In fact, the only positive day for the TRIN that I remember recently was yesterday. Did some fund have a buy program on yesterday? My two targets for pain are 37 and 39. If we get to the latter it will be very painful for the bears. The DOW is going up, the S &P has been going sideways, and the Naz has been the weak link. I think manipulation is propping up the DOW, but in spite of that it could not close green today. GOLD is rocking and the markets clearly are not healthy. Looking ahead to April, there are no options on anything. Quite amazing. Very very very low volume on the QQQ's and most everything else. Right now, we have heavy puts on the March QQQ's that I think they would like to take out (unless they stay hedged). Did they cover Friday and Yesterday and go long? Then, from an option standpoint, April could go either way. If we struggle and barely make it to 36 or 37 on the Q's, we might just go into the toilet in Late March and April. In short, untile we see how this expiry plays out, there really is no clear picture. If we head down and take out the lows now, it could get real real ugly due to delta hedging. If the rise can be delayed until after March expiry, there will be few CALLs to worry about on the way back up. hmmmm M