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


To: Rick Storm who wrote (85075)6/25/2002 2:43:32 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Completed my SOL position (started late yesterday) at $9.40/9.43, average well under $10. Cash down to 70%.

Zeev



To: Rick Storm who wrote (85075)6/25/2002 3:05:40 PM
From: 16yearcycle  Read Replies (1) | Respond to of 99280
 
My issue with Zeev's tics is mainly that the source is unreliable. It obviously works for him but he has it in a big basket of other indicators. I also don't think it's as critical as new highs and lows, or up/down volume. I just can't see that Zeev really thinks it's that important, to be extreme for days, but he really seems to focus on that, as opposed to another indicator that would express a similar extreme in sentiment, as you suggest.

I guess what I am struggling with in essence is that Zeev is incredible at this and he sees a need for this run of GNT's and if he doesn't get it, he doesn't see a great bottom. I think, strongly, that if we get everything else, we don't need the string of gnt's to have a great bottom. I ASSUME he is right and I am wrong given the track record.

I am working on trying to get Zeevs model down, but so far I would be much better off just going along for the ride. I am leaning more that way now.