Zeev's Turnips Patch-No Politics (ZEEV)

[duper_man]

mlsoft, you must honor those tight stops its the only way to play. As for a lot of selling being done at the highs don't believe it because there is a buyer for every seller. That's just how markets work. Having said that who knows you could still be the guy who caught the exact top. That why we all have our stops in.

Here is another thingie I got today. EPS for SPX upped to $60 for 2004. Doing the numbers by slappin a conservative 20 PE on that we get 1200 SPX in 04. That's a cool 20% from here and that's fair value. Now how can you get the strength to short that with the tape as strong as it is?