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Re: Koikaze post# 989

Sunday, 12/26/2004 7:39:32 PM

Sunday, December 26, 2004 7:39:32 PM

Post# of 1044
ZEEV, NEAR TERM - up to ZEEV:337956, 12/24/04

12/20: (336314) (*COMMENT*)
Zeev, Lunch rally, then what?
(*END*)

I still have a window open for some weakness in the next two three days, but not much.


12/20: (336385) (*COMMENT*)
If we don't get that weakness, do the bull horns go back on from your neutral stance now?
(*END*)

Probably not, unless we drop under 2100. Just not worth going full bull for another 100 Naz points.


12/23: (337883) (*COMMENT*)
Using the Larry Williams methods I have studied, I am going to buy S&P in-the-money puts next Monday ... StockCharts does not allow me to show the position of the commercials (net short 38,000 contracts) or sentiment (which is high) but LW's technicals say it is very unlikely that the S&P will rocket north from here ... and that is how I will play it on Monday.

Ken Wilson

[Suppressed Chart Link]
(*END*)

Well, I am still at a mild bullish cash position of about 35%. We'll know in the fullness of time, what is best.

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