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

To: Justa Werkenstiff who wrote (39293)	3/8/2002 7:46:30 PM
From: 4rthofjuly007	Read Replies (1) \| Respond to of 99280

I didn't cover. Hedged at compx 1710 and sold hedge at 1850. Still holding sizable tech shorts from compx 2000. Looking to add more this week. COT report was somewhat comforting. Massive increase in S&P short position taken in the face of the rally. I think Zeev's spring rally came early. 15% move in the compx, almost 30% in the soxx. I am considering exit points where I was planning to hold "no matter what" previously. If the averages, especially tech, can breakout at these levels (if we get a S&P new high on volume) considering the level of complacency (vix) and investor sentiment, I will have to carefully consider my stance.