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: DebtBomb who wrote (50962)	4/12/2002 9:30:02 PM
From: mishedlo	Read Replies (6) \| Respond to of 99280

Dale what do you think? This is my basis of analysis. Maybe Ron Dior is not so crazy after all. Perhaps the only question is how low we go (not the strength of the rebound). Here are the QQQ June option figures as of now. CALLs PUTs 30 4K 39K 31 2K 14K 32 2K 63K 33 7K 38K 34 6K 28K 35 22K 100K! 36 22K 37K 37 28K 34K Turnips has the bottom in June but I say no way in hell 100K puts are going to finish in the money relative to pathetic call volumes in June. Of course this can change, but unless it does, one should consider holding one's nose and buying the next big dip. I believe the next dip can take out the sept bottom, so it should pay to be patient and see. In the meantime option volumes are light in May Max pain currently is 35 but I am hoping we dip substantially below that. QQQ 25 would suit me quite nicely. If we do not dip, then RON is correct right now. If we do dip BRCD can easily fall in half. I will wait. A dip looks immenant. If Dip does not come now (as I suspect) then I still believe the turnips are wrong and the dip will then not be until July. I can not phathom two things 1) People buying now with out a bottom retest 2) A continued rise from now until June Are Zeev and I both wrong? Bottom falls out in July instead of now or June? M