Zeev's Turnips Patch-No Politics (ZEEV)

[Rick Louden]

Zeev, we've also had a few days in March of ticks below -1000 as I now you follow. And the total put/call closed at greater than 1.25 Friday which is not a normal occurrence. Perhaps it has something to do with options expiration coupled with the S&P change (?), but it is normally a notable event. In the last five years when this has happened, the QQQ on average has increased 10% in the next 3 months, 15% in the next 6 months and 27% in the next 12 months.

My model is very bullish now. Of course that may not be a good thing as it underperformed in 2004! (although overall outperforms the market over multiple years)

Also of interest is that although the chart of the Nasdaq might look a bit shaky to some, the broad NYSE index is in a strong uptrend still.

Rick