Zeev's Turnips Patch-No Politics (ZEEV)

[Emptyhead]

Zeev-George

Do you think this market is trying to anticipate another rate cut by the June Fed meeting which should create the top soon there after? Given the trading patterns here this market is not giving up her secrets. I am thinking those who reside in "the Know all" group are setting up this pattern here;a mild(clueless to direction or possibly a total fake out for the Shorters) retrace and then another powerful run into June and there by setting the top.
The idea that another rate cut could be viewed as positive for Mom and Pops and everyone else who sits on the sidelines with; 401Ks,403's,414's and 457's and who knows what else,could create the idea that being out of this market is simply the wrong stance. There could be the pump and run mechanism that will give those "who know" all the more reason to keep this market up enough to let time take over and vacuum all those in doubted stewed minds enough to give up and jump in.

What a game,what a market and what a world we reside in.