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


To: Casaubon who wrote (71259)5/24/2002 3:31:45 PM
From: GTC Trader  Read Replies (1) | Respond to of 99280
 
<< I have weak reversals on some stocks which float with the market (in general). I'm guessing it's short covering all the way to the bottom. I'm guessing we'll float along with individual stocks being taken behind the woodshed one at a time until there's nothing left to do but buy. >>

Casaubon,

Well stated! That seems the most likely scenario, and could be a quite profitable market environment if we play it right.

Assuming no problems over the long weekend, I expect a gap up Tuesday morning which will likely be the high for the week.

We'll see. The turnips have been hot lately, so I am keeping my eyes and veggies pealed!

Best regards - Ken