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

To: Israel who wrote (53709)	4/19/2002 3:06:41 PM
From: chainik	Respond to of 99280

sorry deleted

To: Israel who wrote (53709)	4/19/2002 3:06:52 PM
From: chainik	Respond to of 99280

"Still plenty of overinflated piglets out there to pick on" "Just have to be a bit more selective now that the market seems to be in 'we're going up no matter who misses' mode" Totally agree with the first statement; I think eventually both pigs and piglets will go on sale, and it will be nice to go long at that moment long-term. However, I would disagree with the second statement. I am uncertain about ST direction (like many people here, except Soft and l----x <g>). I would feel much better going short if Zeev's target is reached. The best case scenario would be comp 1960 sometime in May (alas, unlikely). I would short and go fishing. Shorting exuberance seems like the safest play lately.

To: Israel who wrote (53709)	4/19/2002 3:07:07 PM
From: chainik	Respond to of 99280

"Still plenty of overinflated piglets out there to pick on" "Just have to be a bit more selective now that the market seems to be in 'we're going up no matter who misses' mode" Totally agree with the first statement; I think eventually both pigs and piglets will go on sale, and it will be nice to go long at that moment long-term. However, I would disagree with the second statement. I am uncertain about ST direction (like many people here, except Soft and l----x <g>). I would feel much better going short if Zeev's target is reached.