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


To: mishedlo who wrote (50735)4/12/2002 12:34:53 PM
From: KevinMark  Read Replies (1) | Respond to of 99280
 
I went back through yesterday's post and found quite the contrary.



To: mishedlo who wrote (50735)4/12/2002 12:35:51 PM
From: mishedlo  Read Replies (2) | Respond to of 99280
 
Oddly enough I see a bullish divergence for the first time in a long time.

TRINQ is .55 and TICK is -500 and actually exceeded -700 today.

Interesting.

M



To: mishedlo who wrote (50735)4/12/2002 1:43:14 PM
From: t2  Respond to of 99280
 
Mish, I also noticed that bears are getting more positive for the short term.
However, these are successful bears on SI that we are talking about; ones who think it has gone far enough and due for a bounce. Just good traders.

That may not be contrarian. Something to think about. Might have to go to Yahoo boards to find the contrarian indicator.

jmho



To: mishedlo who wrote (50735)4/12/2002 2:33:19 PM
From: Justa Werkenstiff  Respond to of 99280
 
Mish: Re: "You and I are it."

What kind of chad you using in this poll? My chad must have stuck to my polling card <g>.



To: mishedlo who wrote (50735)4/12/2002 2:43:41 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<Almost no one is predicting a serious tanking.> put MAX in the tank department. Reason, i have watched a great deal of effort to get this market going by the BigBoyz--even Bloomberg's massive attempt to get America to buy, and of course Sylvestor, and the way i see it if these forces have failed to pop the gun for these 2 weeks(traditionally a great two weeks in the main), something is amiss, i sense pernicious anemia at work.
I go for an early tank as opposed to June massacre. Max



To: mishedlo who wrote (50735)4/12/2002 2:51:18 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Almost no one is predicting a serious tanking.

Predicting nothing, I'm certain we are headed for a serious tanking, based on my proprietary indicator, which is called the "augieboo-oscillator."

It's the ultimate contrarian indicator, and very simple to read. If augie goes long, the market tanks. If augie does nothing, the market skyrockets.

Right now, augie is long JNPR and praying for something approaching max pain, so tankaroonski here we come!

Augie needs to learn how to short! ):

Mammoth short covering rally today in software.
BEAS MERQ etc etc. Rally in MERQ probably warranted but surely not BEAS.


But gee, Mish, SEBL is up more than 2.50, so the software industry must be doing great, right?

One possible last gasp rally next week.
Then Down HARD.
It will knock your Smelly Sox off.


Not this boy. I'm gonna take my own socks off and stay in bed under the covers for the last week of April, thus causing a mini-boom for the rest of you. (You can all thank me later.)

augie