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


To: Zeev Hed who wrote (57471)4/26/2002 5:48:04 PM
From: TREND1  Read Replies (1) | Respond to of 99280
 
Zeev
Did you get any panic (bottom) readings ?
Larry Dudash



To: Zeev Hed who wrote (57471)4/26/2002 5:49:01 PM
From: 4rthofjuly007  Read Replies (1) | Respond to of 99280
 
Zeev, can we have much of a bounce with p/c at these levels?
.87 I think with all stock under .6. Seems like a majority are looking for a bounce. Nice little spike in the vix and I agree we may not need to see 30. 27+ with a p/c spike over 1.1 would put in a nice IT bottom imo.

After that if we see a solid retest in the following couple of weeks, I think we can rally well past June and into Sept.



To: Zeev Hed who wrote (57471)4/26/2002 9:01:11 PM
From: JRI  Respond to of 99280
 
Zeev- Wouldn't it be more productive, and create a bigger bounce, to let futures sink Monday morn, and then engineer a bought bottom vs. hiking futures in morn? Get a good panic low in...

Most of last 8 sessions, futures have been up...fat lot of good...yada,yada

I think the futures pump thing works better on proping failing rallies (after some good up, and then pullback) vs. trying to turn a market...better to set a bottom from an intraday (even better morning) hole, no?