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


To: TraderXx who wrote (37271)3/4/2002 11:47:55 PM
From: Amots  Read Replies (2) | Respond to of 99280
 
Trader.
There is no reason to be bear or bull to see that limitex is a joke:
Message 17101848
(2 weeks ago - The end of the world, Today - To the moon).
And BTW, I was long the last week, but scale back to 30% today, since I'm looking for a pull back (then we can go higher -g-).



To: TraderXx who wrote (37271)3/5/2002 12:02:27 AM
From: mishedlo  Read Replies (4) | Respond to of 99280
 
TraderXX - I believe I stepped aside and did not short this rally unlike some. My Max Pain analysis suggested a rise to QQQ 37 or higher did it not? Since other indicators did not fall in place I did not trade it.

But...Did you hear any other bear on this thread discussing the possibility of a rally to QQQ 37-40 by March Expiry? I could be wrong but I do not think Zeev thought this had a decent shot.

I am always looking for reasons why it might be wrong to short. I step aside very very quickly when proven wrong. Do I think I am a good trader. No, not really. That is why I have been trading very small lot sizes.

I do not expect the markets to go up every day or down every day. Zeev only plays the long side, why is it wrong for some to mainly play the short side? Zeev steps aside when he thinks the market is going down. Earlie does the same thing when he thinks it is going up. Does that make Zeev a bad trader cause he only goes long?

Furthermore, I have posted the criteria that I was looking for to go long, basted on TICK count and TRIN. Those did not come, but we rallied anyway. I guess that is life.

Finally
Geprge Cole has said nothing IMHO that merits calling him "numbnuts".

So GFY.

M



To: TraderXx who wrote (37271)3/5/2002 3:17:13 AM
From: LTK007  Respond to of 99280
 
i would suggest this thread might break into two parts.
The second thread can be exactly like the old Tokyo Joe thread(no pennies).
or the old Kimberly thread,that for a time was the hottest thread on SI until April 17th,2000 when a vast number of those posting were never heard from again.
It was a massacre,a bloody massacre.
Hell,i even went 100% invested to the long side once NASD broke 3000 and made plenty.But all the time i am saying this is superficial BS,just lunatic madness that will have a terrible end.
What i can't stand is guys like Limtex that try to justify what's up,(and in limtex specific case making like it's the triumph of righteousness when market goes looney.Gag me!)
IF,and that is a big if, market chooses to rock and roll right up to a massive crash and burn like in 2000.
Go for it. Me,having been through these games before , know it is much more relaxing to go short when markets gives a danger signal,as it did 4/4/2000,the day i swung completely out of my long positions.
So,if we i go ballistic i will choose not to participate.
But as long as this thread is pure daytraders and non-daytraders there will bitching,that is for sure.
Zeev is a marvel,one of few that can daytrade buyside only(along with some long buy and holds) and yet have an abundant view of economics and the Big Picture and communicate that also.Max