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

To: t2 who wrote (60077)	5/1/2002 7:01:04 PM
From: mishedlo	Read Replies (1) \| Respond to of 99280

NV - I have probability of max pain rally this month at 50/50. I sure as hell would not be long here. The rallies are very weak, look contrived, are on lower volumes than the selloffs, etc etc. Looking back: we overshot max pain by a huge amt, then by a big amt, then by an amount, and now??? Now it seems (but we are early) that they need every last dime just to prop this POS market up. If we get ANY bad news (CSCO on the 7th) for example, we might just go to hell in a handbasket and if panic sets in FORGET ABOUT MAX pain. At best, expect a feeble rally. Stay in cash seems to be good advice if you are not nimble. M