Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: sylvester80 who wrote (75053)	6/5/2002 8:57:30 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

do a search, you are wrong. Zeev

To: sylvester80 who wrote (75053)	6/5/2002 8:58:40 PM
From: profit_guy	Read Replies (1) \| Respond to of 99280

the call was made in advance for 2:22 in the afternoon a few weeks ago, where the DAQ (Nasdaq) put in a local top at 1757 ...do the math

To: sylvester80 who wrote (75053)	6/5/2002 8:59:40 PM
From: Jeffrey Beckman	Read Replies (2) \| Respond to of 99280

Sounds as if he's wimping out (ggg).

To: sylvester80 who wrote (75053)	6/5/2002 9:03:30 PM
From: ajtj99	Read Replies (2) \| Respond to of 99280

Syl, in case you've missed one of the many posts Zeev has so patiently iterated (and Augie reiterated), the scenario has 3-parts, and we're in the middle of part II. You're bullish, and I'm happy for you. However, don't mislead us into thinking you're doing anything but intra-day scalps like you normally do. The bullish bias just means you're buying instead of shorting stocks right now, which is fine. If you've had a chance to glance at some charts, you'll notice a surprising parallel to last August on many, as well as a potential H&S breaking on the Dow. The fact that the MM's have all but given up on the Dow June futures also paints a bleak picture for this month. Hey, we were at COMP 2100 on August 2, 2001. 6-weeks later we gave back 1/3 of that. If you want another clue, look at April 29-May 7, as that will give you a good blueprint of what we're in the process of right now. I don't know what else to say, other than don't believe all that rosy crap you keep reading about. The economy isn't all rainbows, puppies, unicorns, and daisies. I'm out in the real world, and it ain't that pretty.

To: sylvester80 who wrote (75053)	6/5/2002 9:18:32 PM
From: J. P.	Read Replies (2) \| Respond to of 99280

A "nassacre" needs to be more precisely defined. An 11% move in the COMPX like we just had is just a normal move in percentage terms from the top to the bottom of the trading range. A "nassacre" to me would be a 25% one day drop through all lines of support which scares the sh!t out of everybody and at the bottom of which they are screaming to sell at the market, forget the limit orders.

To: sylvester80 who wrote (75053)	6/5/2002 9:26:13 PM
From: 4rthofjuly007	Read Replies (1) \| Respond to of 99280

>>But there is still time till June 12th and it could happen<< Once again, Zeev did not call for the final low to come in on the 12th. He called for the low on the 28th. I think that several people including Zeev have pointed this out, so please take note. The only way Zeev sees a low coming by the 12th is if there are 3 consecutive days of heavy selling that register 3 GNTs. >>Hell, almost a month ago (May 6th) we were lower than we are now so how can anyone call this a June "nassacre is beyond me<< Once again, Zeev has called for the decline to come in three phases. We are not even in the 3rd phase yet. And so far he has been just about perfect. You should wait until the end of the month before attempting to characterize Zeev's call as anything but amazingly perfect. Just my opinion, of course.