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


To: Zeev Hed who wrote (71087)5/24/2002 9:07:14 AM
From: vampire  Respond to of 99280
 
thanks - sorry i musta missed that post (hey, there are plenty of people for me to annoy in "real life" as well!)

perhaps today will see the crap and gap...or whatever one wants to call opening down and then going up



To: Zeev Hed who wrote (71087)5/24/2002 9:17:02 AM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
The fact that the BTK breached 410, 400, and finally major support at 379 left it vulnerable to a drop to 290.

When the weekly closes below 379, 290 is just around the corner for the BTK.

All this stuff right now is just noise until the real drop comes. If the COMP breaches 1560 and bounces at 1540 or so, the BTK could be hitting mini support at 354 about the same time.



To: Zeev Hed who wrote (71087)5/24/2002 9:34:43 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
One trader on trader talk(bloombergtv) was indicating the traders want 1100 or above on SPX today. Said if they don't get it, it would not be good. Max



To: Zeev Hed who wrote (71087)5/24/2002 9:52:33 AM
From: Israel  Read Replies (2) | Respond to of 99280
 
Message 17417779

Message 17447043

Message 17471621

....covered partial KLAC $53.50 in size from reshort at 60.56 average,+$7.06 covered May 3rd for +$8.... $15+ points 'to he good side' on this little piggy so far..

Zeev, one of these days I'll lure you to the 'dark side'<gg>

Israel



To: Zeev Hed who wrote (71087)5/24/2002 11:09:42 AM
From: GTC Trader  Read Replies (1) | Respond to of 99280
 
<< view the BTK (those that are at major premium to cash and with negative cash flow in particular) as today's net bubble >>

Zeev,

Over the weekend, can you provide a list of BTK short candidates for this drop? (or point me to a post if you have already done so?)

Wish I hadn't closed my semi shorts the last 2 days! <ggg>

Thanks - Ken

P.S. I looked at the Naz a few minutes ago and it was at 1666.66. Kinda scary. :-0