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


To: Zeev Hed who wrote (86924)6/26/2002 8:15:42 PM
From: profit_guy  Read Replies (1) | Respond to of 99280
 
well, today we did pierce the sept lows on the DAQ, and it woulda been un-american to not bounce on the first real test of them...the 2nd or 3rd test may be a totally different story though...sure are a lot of 3-black crows out there, yet to be negated



To: Zeev Hed who wrote (86924)6/26/2002 8:16:56 PM
From: Pierre  Read Replies (1) | Respond to of 99280
 
Zeev - Re: RDRT

I hate to bring up a stinker, but RDRT seems priced for burial. I'm in modestly at 1.26. Average down for DCB or wait out the next few days to see if it turns with the market? Can't believe they're going under, but someone knows something about their problems that I don't, obviously.

TIA.

Pierre



To: Zeev Hed who wrote (86924)6/26/2002 8:20:20 PM
From: ajtj99  Respond to of 99280
 
Zeev, we're a bit further away from options expiration this time. Either way, I still believe we either breach the lows by Monday, or drop to within 1.5-2% of them on a re-test.

The Dow making a new low while the COMP and NDX made just re-traces of the gap gains this afternoon is also noteworthy. That is not supposed to happen if this is a low that will hold for several days or weeks.

Anyway, I know you'll make a killing on this run. If QLGC takes out 38, we should also take note and consider this more legitimate.



To: Zeev Hed who wrote (86924)6/26/2002 8:38:05 PM
From: ajtj99  Respond to of 99280
 
Zeev, did you get your AREM class action letter yet? I only swing traded it in 2000. I don't know what those lawyers are going to be able to get from them, other than some minor attorneys fees.

Maybe the settlement for shareholders during the class period is a CD of obsolete software.