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


To: Crimson Ghost who wrote (41959)3/19/2002 5:27:32 PM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
the boys probably will take us down some before then to allow more upside "breathing room."

The situation is either the longs or the shorts will win out fairly dramatically in the next 2 weeks. It is not clear that shorts can will win much right now. Their risk reward ratio seems to be getting much higher then the long side as this market fails to sell off markedly as measured by the broad indexes.

the boys will decide whose pocket is easier to pick. I think they will decide a small amount of change on the short side taking from the longs now and then grab a larger share by going along with the bull ride and chasing the shorts.