Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

Via Vitas discovered this site , a lot of freebie stuff on it to make worthwhile. I just listened to an interview with a Mark Leibovit given on 9/5/2002, just click the listen bit.

http://aegeancapital.com/freeservices/archives1/marketviews.htm
And he explicitly touches on this point of yours <<Technical analysis is instead a measure of all the ebbs and flows of the perceptions and emotions of all the folks that buy and sell the stocks, which in the final analysis is all that counts. If we can predict that, we will make money.>> But he applies it more to how one survives manipulation.
Talks about how he went long the evening of July 23rd based on TA oversold signals. Then it plunged in the morning and he was getting nervous BUT lo and behold PPT jumped in.
In sum, i gather he is saying the TA said way oversold so by chance he walked into PPT action.
My view is forming now to a roughly 2 week mini rally that struggles towards August highs, and then back to DOWN WE GO, and July lows could easily be broken before December.
BUT my cover my butt qualification:). If we are below todays highs by next Friday signals to me , we are just plain ugly deep into October, and July lows will be broken faster than i think. Max