Zeev's Turnips Patch-No Politics (ZEEV)

[wahz]

Zeev,

why did your model have such a severe spasm this am? yesterday, basically you are calling for a studder step to 1390-1400 in a rel. short time frame, and today, without even hitting obvious resistance at 1354, you come close to a run for the hills. We aren't far from 1354, and we aren't far from the 50 day ma. Even in this bear, once the 9-10 day ma is broken this violently up, we have run up to the 50 day. This is all because of the equity p/c ratio, intra day?? I think we have a decent chance of truning and at least touching 1354 before any relapse.