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


To: 4rthofjuly007 who wrote (65061)5/9/2002 8:45:12 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
A rally off of capitulation point could go 50% for sure, and with returns over 100% in the right stocks. Just like with after 9/21.
But at where we stand now only those making impeccable moves to long side before each gap and run day can make killer profits on the long side.

I simply reiterate their simply can not be a sustained rally without a solid catalyst, and in what i purview i can see no catalyst for a solid bear rally except for this market to have another capitulation equal to post 9/11 to first happen.
Where is there a catalyst now for a nice steady 20-30% rally? Give me 1400 on NASDAQ and i will say you have a big rally ahead.
Hell the pathetic matter now with these wild gap and run option big boyz ram it up days, are the people that buy the next morning after coming home seeing the news, those people are getting "clocked".Max
but if i was shorting i would cover at major danger signals such as when VXN hit 71.9 or when VIX hit 68.9--VIX and VXN were sending their signals to those who IGNORE their numerical value. Max



To: 4rthofjuly007 who wrote (65061)5/9/2002 10:04:47 PM
From: Fiscally Conservative  Respond to of 99280
 
You know,I really like the way you think! I went long again today at the close. Just trading some funds and a few shares here and there.
It is amazing how the market plays with us and sets us up for the kill. Bottom line,there is no way we will close down tomorrow. That ramp job on AETH was incredible.