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

To: augieboo who wrote (76770)	6/10/2002 4:12:14 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

Augie, go back to school, your Hungarian needs "polishing". In simple language, the low 1500' reached last Friday completely satisfy the required ultra short term low of Phase II. Warning, not very smart to play a between phase II and III bounce, the turnips cannot tell you if the bounce we got from Friday's low and early today was that bounce or more bouncing can happen. The Turnips were seeing a high likelihood of a 40 to 60 points bounce with a ceiling of 1595 (translation: if last week we were to stop at let say, 1535, the ceiling would be 1595, since the bottom was 1495 as it was, the top expectation would have been 1555 (so far we got 1552), but the outside chance of an extension of the bounce to 1595 (short to cover only on a breach of 1610) is still there. From what I see, we already had the end of phase II and the bounce, and we are probably going into few days of "hesitation" setting the stage (if not already the beginning) of phase III. Translation: Long, stay away on your well earned vacations for another two to three weeks. Shorts and other dark siders, enjoy the dark side ride, but cover your bets if 1610 is taken out. Last "if", if we do get a GNT between here and Wednesday, we would create a mild double bottom, probably under Friday's low, and that may be worth playing on the long side for one to three days, with best target from the low (then probably just around 1460) to around today's high of 1552, before Phase III establishes itself in "earnest". Zeev Zeev

To: augieboo who wrote (76770)	6/10/2002 4:14:41 PM
From: furrfu	Respond to of 99280

Thanks for the interpretation. Does your acting as Zeev's mouthpiece make you a Turnip Toadie? I think the Turnips would do better by instead of burning the midnight Ethanol, throwing back a shot or two of Everclear (that'd be ethanol before it's ruint for the sake of the Gummint). It always helped with my visibility. (g) Doug

To: augieboo who wrote (76770)	6/10/2002 4:50:45 PM
From: TIG	Read Replies (3) \| Respond to of 99280

This lurking journalist has just recently visited the Merrimac Valley Hungarian Academy, and have the following observations: The Class: A web-based learning environment. Tuition: Free Student age: various Admission: A visit to Dr. Hed's modest abode Faculty: Professor Zeev Hed, with able adjunct professors HAL, George Cole et al, and occassional uninvited appearance of self-claimed gurus. Hours: most often 7am-11pm, except under extreme circumstance when Dr. Hed is preoccupied by French wine or conference calls. Student progress: No a single one has so far graduated yet. Most students have been studying Hungarian in sheer Max Pain. Breakfast/Lunch/Dinner: Grilled, fried, steamed, mashed turnips, with a side of Chef Misheldo's fresh radish. Heating: Provided by burning timber from lumberjack Softechie. With the current rate, Merrimac Valley will reach defrostation by year 2004. Dr. Hed has been trying to switch to ethanol as energy alternative. Or even superconductivity in the distant future. Clubs: Students clubs are sponsored by Yahoo. The HAL club has been tempororily been inactive due to Prof Dudash's recent ominous disappearance. Misc: One former postal employee Mad Johnson has a habit of throwing rocks into the classroom occasionally. Though the heavy rocks tend to fall on his feet most unfortunately. ******************************* Parody: Just kidding. Not to be taken seriously.