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

To: ajtj99 who wrote (94944)	7/15/2002 10:48:32 PM
From: Softechie	Respond to of 99280

Yes. I went in QQQ for the bounce when I saw that VIX jumped over 42 and sold it afterward. VIX dropped to 38 quick. Too many are timing the market and calling this is the bottom...it's scary...Da Boys will always teach these people a real good lesson... They say today is the capitulation day. Let me ask them this: If I sell and buy back the same stock w/i 1 hour, am I capitulated? My answer is no. I'm expecting more intensive selling to come. Just check that Dow long tail and its history.

To: ajtj99 who wrote (94944)	7/15/2002 11:14:18 PM
From: Jdaasoc	Read Replies (2) \| Respond to of 99280

S&P futures slightly neg and Naz @ 1034. One should expect continued overall market weakness as observed by USD and investor confidence. I would not be unexpected for S&P falling again tomorrow. Naz is entirely different beast. I wonder how much more they can chase Naz shorts. Intel earnings bomb should put an end to it but not until they chased as many shorts as they possibly can.