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


To: Zeev Hed who wrote (35819)3/1/2002 5:26:47 PM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
Agreed Zeev, if this was such a great day why couldn't we get above 2.0B.



To: Zeev Hed who wrote (35819)3/1/2002 5:29:33 PM
From: Hobie1Kenobe  Respond to of 99280
 
sorry to break in on the bull fest, but ORCL tried to slip one thru late Friday.....seems someone knew all day long....

17:14 ET ORCL guides down for Q3 (ORCL) 15.99 -0.63: Company guides down for Q3 earnings $0.09 vs. Multex consensus of $0.10, cites slow down in Asia.



To: Zeev Hed who wrote (35819)3/1/2002 5:38:07 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Today's chart very much reminded me of the top in December. Just a long, drawn out curve upward. No spikes up or down. Volume was low, VIX and VXN very low. We may get a head-fake up here before we go back down to do a better test of the 1700 level. I still don't like the way that low was resolved last Friday.

Dow may get to 10,500 before reversing back down for a re-trace. The key is the NYA. That index will tell us what's happening in the Dow and SPX. Right now the Nasdaq may be in the tail end of sector rotation and may benefit when it switches back the other way (from non-tech to tech).



To: Zeev Hed who wrote (35819)3/1/2002 5:46:47 PM
From: Mark Johnson  Read Replies (1) | Respond to of 99280
 
<<The fact that we could not even clear 2 B shares>>

The volume was average Zeev and todays huge spike included a lot of short covering....There is no need for you to make a lot of excuses as to why you missed todays huge rally......There will be plenty of down days where you'll miss out cause you don't short....Just the nature of the beast.....

Better luck next week......