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

To: ajtj99 who wrote (75065)6/5/2002 10:13:48 PM
From: sylvester80  Read Replies (1) | Respond to of 99280
 
As I said before here, bullish does not do me justice. I was asked something like 8 times here and via PM what do I see near term. In all my replies it has been a "sideways movement and no nassacre". To me "nassacre" implies a swoon down from the May 7th low by at least 100 points to around 1450. And I just don't see that. I also do not see a heading to moon scenario near term, but I do see a 1550s-1700s or 10% sideways movement which so far we've had. As I said I may have misunderstood the definition of a June "nassacre". And BTW, there are still 7 days till June 12th so it may still happen. But I will be surprised if it does.

JMHO.



To: ajtj99 who wrote (75065)6/6/2002 12:37:47 AM
From: Pink Minion  Read Replies (1) | Respond to of 99280
 
However, don't mislead us into thinking you're doing anything but intra-day scalps like you normally do

He's been averaging down on LU from 7. He also says he ahead on this swing/LT position. Sure would like to see the math on that one.


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