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


To: Zeev Hed who wrote (55018)4/23/2002 2:17:23 PM
From: Joseph Beltran  Read Replies (1) | Respond to of 99280
 
Zeev,

Is this a double dip recession which the market is in the process of discounting or a profitless recovery until well into 2003?



To: Zeev Hed who wrote (55018)4/23/2002 2:19:38 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
Zeev, are you going to buy some more here? We just got within 8 pts of a 6 mth Nasdaq low. This point is also a quadruple bottom and represents the top of the gap down and reversal gap up after 9/11.

A pretty critical point.

I am tempted to buy NDX futures here but am holding back due to low VXN and put/call.

Just keeping with a modest LLTC short.