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


To: Zeev Hed who wrote (59287)4/30/2002 3:58:57 PM
From: westpacific  Respond to of 99280
 
Good point, it could be choppy trade for a few more days Zeev, there is still room on the channels and within the oversold indicators.



To: Zeev Hed who wrote (59287)4/30/2002 4:04:00 PM
From: Steve Lee  Read Replies (3) | Respond to of 99280
 
"how are "they" going to persuade dippers to jump in if 1696 is not taken out?"

"they" don' just want to spend "their" own money propping up the market. They want (need actually) the public's money to break the resistance levels. This is done through pumping and ludicrous targets, which they then sell into.

I really think the game is up though now and Wall Street is too busy manning the shredders to man the pumps.



To: Zeev Hed who wrote (59287)4/30/2002 7:10:27 PM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
how are "they" going to persuade dippers to jump in if 1696 is not taken out?

The dippers already in.
Did you see the equity call buys today.
Maybe they can persuade more in.
Max pain dropped another 1/2 notch today so that 32 is a target candidate.
Also look at QQQ 35 calls at 33 and 35.
125K and 177K wowsa.
QQQ 35 is a 100% sure fire give it all you got short if we get there.

When does CSCO report?
Maybe that gets us there.

M