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


To: Zeev Hed who wrote (76168)6/7/2002 3:35:23 PM
From: GTC Trader  Respond to of 99280
 
<< don't be a "pig" and start taking profits when offered (g). >>

Will do. I will take profits when offered and not worry if other entry points are not offered.

Thanks so much for your quick reply and invaluable insight.

You are truly amazing!

Have a great weekend!

Thanks - Ken



To: Zeev Hed who wrote (76168)6/7/2002 4:36:51 PM
From: SirRealist  Read Replies (2) | Respond to of 99280
 
After viewing the ViXeN's pop today, bigcharts.marketwatch.com

next week looks critical, though Monday may start okay. I see serious resistance at 1560-1565. Putting the VXN on a 2 year chart, it looks eerily like last Sept. On RSI and movement and its sector... and on this 2 yr. cup & handle... bigcharts.marketwatch.com

..I bought APSG at 11.90 today, near the close.

Your Wednesday low looks better and better, and I maintain it makes us increasingly vulnerable to a terrorist attack. (Another reason to like APSG now, as opposed to other defense stocks nowhere near 9/11 highs. I don't think Al Qaeda is eager to test INVN and IDNX systems)

Lacking that, if we break 1450, 1275 is my target low for June.

My hat's off to you Zeev; in mid-May, I backed off my months-long call for new June lows below Sept, but we're awfully close now and that final support point is looking awfully soft.