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

To: Zeev Hed who wrote (76382)	6/8/2002 7:16:01 PM
From: stormrider1	Read Replies (1) \| Respond to of 99280

Zeev, when you use the lunch-time tactics I have noticed that you typically do not have a specific time-table (sometimes they are later in the afternoon). With that in mind what are the specific parameters you use for entry points in the Q? TIA Mike

To: Zeev Hed who wrote (76382)	6/8/2002 7:29:51 PM
From: getanewlife	Read Replies (2) \| Respond to of 99280

"Meanwhile, back at the ranch, The NYSE members have now surpassed 1995 year end consecutive week accumulation conundrum and now have amassed 771 Million Shares bought and buried 15 out of the last 16 reporting weeks. Doubly explosive is the specialists continue to get outshorted by the inmates as the public continues its short binge now 22 weeks in a row every week in 2002 since the 12/21/01 reporting week. Never in the history of the stock market have you had this massive depth of accumulation by the NYSE members AND public shorting above the specialists AT THE SAME TIME. This HAS NOT consecutively happened EVER with the deadly combination of public orgy of shorting and huge quantity of accumulation by the NYSE members at the same time. NOT EVEN CLOSE. And with Friday closing out the week down on the major averages, we may get our highest Bearish percentage reading from Investors Intelligence since November last year(and lowest bullish reading since December last year) which would confirm the Bullishness building everywhere else on the sentiment front. Bears are looking for the September 21 break of lower lows, and I continue to preach to the diminishing choir that September 21 was THE LOWS. The bottom of the DOW 21 day 3 1/2% exponential trading band holds again like a champ as the DOW reversed well off the lows to finish at DOW 9,589.67 down 35 points. DOW theoretical low was 9,416.33 and intraday bottom was DOW 9,472.54 right on the bottom of the band. The counter-trend reversal back UP begins next week with no respect for the Bears the same way it treated the Bulls the last few weeks." Zeev, I am nervous that J.T is sooooo confident and he has been "alone" for quite some time. The only reason against this argument is 'foreign money repartriation' which may or may not cared about by the boys at NYSE. Do you follow the same date and /or Turnips take this into account? Thanks in advance and Best regards! gf