Replies to post #127345 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Liquidity to fuel advances has been around since at least late 2001. No tuning necessary, just accepting that statistics is just that, a measure of probability. I am not unhappy with the turnips at all, so after three years of keeping me out of the major declines and jumping back to very low cash at most of the intermediate run ups, they missed one, no harm done, except of a partial loss of opportunity. Right here they say don't get carried away with the euphoria, and except on daily positions, do not chase anything (and that is dangerous as well as I learned, again, today, chasing JCOM...), raise your stops and enjoy the party as long as it last. Selectively buying a breakout here and there, but not overstaying these either (for instance, my LSCP buy of today is already on the block just above $9 if it gets there tomorrow or the day after...).

Zeev

[deuce bigalow]

Since the October low, and the more recent March low something has changed that has run under the Turnip radar I think, I'm guessing the massive liquidity. If there were a way to run a Beta Turnip model from those lows, tweaked with updated liquidity parameters, it'd be kind of interesting to see how much the bar may have been lowered to accomodate it instead of fighting it, and the trend recognized at an early stage, instead of the seemingly near constant red flags that go up.<<<<<

what was running under the radar of most - or they didn't take it seriously, too busy chasing wild phantasies of PPT, is that during the bear market the public was buying all the way down, and they started puking up mutual funds at the bottom in july and august and kept selling during this whole basing phase until late march early april,

you can parallel that to rydex, which did the same, and turned extremely bearish into october and has been fading this rally all the way up.

who you gonna phfade, ghostbusters?