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

To: TREND1 who wrote (71539)	5/25/2002 9:17:56 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

Larry, I "participated" in some of the counter moves, but I am still in my April bear suit since we breached 1757 on the way back from the April high. I was extremely fortunate to stay overnight in the Q and other traders just prior to that explosive May 8th rally, I was at a relatively low 30% cash going into it (#reply-17436510) and went as low as 20% early that day (#reply-17439942), but moved back to 60% cash by the end of that crazy day (#reply-17442205). I have not removed my bear suit however just because an unusual profit opportunity presented itself. Had that bear suit now for more than a month (since 4/22 #reply-17365331 when I went from close to no cash to 40% cash and, since then, gradually increased cash position to my current 78% cash). Zeev

To: TREND1 who wrote (71539)	5/25/2002 10:40:49 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 99280

I went bearish on 1/09/02 (#reply-16882936) expecting a decline from just under 2100 to 1860 (that was a change to a prior stance of a minor decline to 1960), which was being reduced ahead of time (#reply-16995894, #reply-17010153 and #reply-17017701) to 1757 (still a miss of 60 naz points). That proved to be wrong and we went all the way to 1696, I missed the reentry and became bullish only on 3/4/02 on the move above 1805 (#reply-17147760), I really did not turn bearish until April 22, expecting for too long a rn to at least the 1930/40 area again. George is actually right, the turnips where nothing less than confused during the March/April topping process. Zeev