Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ajtj99 who wrote (41445)	3/17/2002 9:08:37 PM
From: TREND1	Read Replies (1) \| Respond to of 99280

aj "The way I see things right now is that the indicators are not going to be as useful right now " Question? How much higher do you think $BPCOMPQ can go with the Fed Model at +18% over valued ??? Larry Dudash

To: ajtj99 who wrote (41445)	3/17/2002 9:16:31 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

I don't agree with you, I think that at best we get a "gap and crap" tomorrow, and then down, maybe even sharply. In the last few days, every time the tick turned positive on the naz, selling intensified as indicated by the trin refusing to decline under 1. There was stealth selling, and typically, that precedes "open selling". One of the reasons I have turned a tad more bearish for the next week or two and increased cash position again above 50%. The breach of $30.50 on EMLX is actually quite ominous for the Q in general, and where the Q goes, the Naz follows. Also note how stubbornly GNSS refused to even penetrate the gap above $32, another ominous sign. Zeev