Zeev's Turnips Patch-No Politics (ZEEV)

[TREND1]

Zeev
You wrote
Not really as bullish as I thought I would be here. This is not developing "according" to plan at all.

comments:
(1)Have looked at correlation of Nasdaq 100 stocks with QQQ
since Dec 2, 2002 TOP
(2) QQQ has been dropping since Dec 2, 2002 TOP
(3) 27% of the nas 100 stocks have at least 90% corr with QQQ since Dec 2, 2002 TOP
(4) 44% of the nas 100 stocks have at least 80% corr with QQQ
since Dec 2, 2002 TOP
(5) 55% of the nas 100 stocks have at least 70% corr with QQQ
since dec 2, 2002 TOp
(6) Only 21% of the nas 100 stocks have a "negative" corr with
QQQ since Dec 2, 2002 TOP.
(7)Even a good day trader like you will have a harder time
with such data since dec 2, 2002 TOP. IMHO.



Larry Dudash
http://www.geocities.com/larrydudash2002/index.html