Zeev's Turnips Patch-No Politics (ZEEV)

[was Steve]

Hi Zeev,
I found your forecast interesting and well thought out. I have cut a portion out that i was very curious about and would ask if you could expand on this thought. I am wondering why you see the dow and (i assume the spx) not getting taken apart like the nas. you have them with barely a flesh wound compared to the carnage in nas land.
thanks in advance.

I now play the spx calls and puts almost entirely, so perhaps i should look at some ndx or sox puts instead>

steve

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Nominally, I have the first leg down as a decline from 1537 to 1263 by 3/19. The model for the Dow does not have such a sharp decline, only to around 8500/8650.
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