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

To: 4rthofjuly007 who wrote (65004)	5/9/2002 6:12:18 PM
From: byhiselo	Read Replies (3) \| Respond to of 99280

<<might point to a summer rally of considerable duration>> i don't disagree and am expecting same, but from what levels? (i think lower) the action yesterday looked like an oversold bounce and to some extent manufactured you may well be right but be prepared to have your convictions tested, would you stop out on a breach of the recent lows or add? cheers

To: 4rthofjuly007 who wrote (65004)	5/9/2002 6:27:17 PM
From: Mark Johnson	Respond to of 99280

<<You said that I might be "sweating stones" during the spring rally.>> ....LOL.....LOL.....Zeev Hed hasn't a friggin' clue what the market is gonna do.....LOL..... We're goona have a rally then a massacre.....then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre.......then a rally and a massacre...... Damn....sounds like Zeev "give um"

To: 4rthofjuly007 who wrote (65004)	5/9/2002 6:57:40 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99280

4rth, nothing is new with the shorts permanently thinking that any rally would be short lived. I am not sure if they have a majority here, maybe a majority of the posts, but not a majority of the posters (g). I remember that "sweating stones" comment as well (March 4th, intraday low 1789 high and close, 1859), the market then was already 100 Naz points from the then bottom of 1696 and continued to peak on March 11 at 1946, I would say, a little sweating might have been involved being short during those 100 Naz points. It sure did not continue to my target above 2000. But you got to admit, the day before that peak, on March 8th (closing 1929, high 1935, only 10 less than the intraday high the next Monday, and well above the close Monday the 11th of 1909), I went 62% cash (#reply-17174816). We indeed took that breather to 1830 by March 20th. As you know, the turnips reserve the right to be wrong, change their mind and change it often, at least they give ample warnings when they do change their mind, I went out today at 54%, meaning my faith in next week run above 1700 was shaken by today's action, shaken, but not broken (g). Zeev

To: 4rthofjuly007 who wrote (65004)	5/9/2002 7:42:27 PM
From: LTK007	Read Replies (2) \| Respond to of 99280

<<I wonder if all of the bearish sentiment might point to a summer rally of considerable duration. >> quite simply, NO. And i repeat AGAIN, anyone doing bear/bull ratios by attitudes on SI boards are wasting their time---stick with the standard measures. I have seen people "playing the contrarian" based on these boards get burned. And i again repeat. (gawd this gets tiresome) Remember this rule. In BULL MARKETS BULLS ARE MOST OFTEN IN THE RIGHT and in BEAR MARKETS BEARS ARE MOST OFTEN IN THE RIGHT that is a fact that those old enough to remember will know to be true.( is that so hard to remember??? i have only posted this about 10 times but i still see the VAST majority basing their contrarinism on the premise this IS a Bull Market) I get TIRED of BOBBY BEARA and his form of contrarinism. BB is one these blokes that screams like hell when he is right and admits to nothing when he is wrong. Max