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


To: ajtj99 who wrote (55369)4/23/2002 10:25:56 PM
From: Zeev Hed  Read Replies (5) | Respond to of 99280
 
My screen blushed and turn red, you got to admit, my last buy signal, was far from target (the target was 1930 and we stopped a full 100 Naz points from there), still the subsequent sell should have gotten most positions in the green (even the Q was still green relative to the prices last week at the 1733 area, the last buy). Now, you get to work and get this market to go in any direction, up or down, for more than a week....then we can contemplate making some money, this lack of market direction is good for whipsaws, whether you are long or on the dark side (g). In any event, strings of more than 5 down days on the Naz are rare (but far from unknown), so we may get a relief bounce tomorrow, but I would use it to sell into. We once more have a good chance getting the G&C treatment, so tomorrow might be a pretty good day for the lunch rally tactics, once the first wave of the C subsides before lunch. The last Q lunch tactics (Monday) was quite mediocre (2 losses out of 5), luckily, the gain were marginally larger than the losses. Tomorrow, I am hoping to harvest few "buckers" (g).

Zeev



To: ajtj99 who wrote (55369)4/23/2002 10:36:59 PM
From: dpstark  Respond to of 99280
 
ajtj99, Hey, you just posted what I was trying to put into words ahead of me!
..............You did a much better job of it.



To: ajtj99 who wrote (55369)4/24/2002 9:06:02 AM
From: ok1day  Respond to of 99280
 
ajtj99.....

I am mostly a lurker on this thread but I must fully agree with your post!!

Zeev is not only a fantastic trader with an IQ that must be off the charts, but even more important, I think he is an amazing Human Being.....

I do not follow many on this thread, but I also must say that your posts are quite valuable as well...

Ossnat