Replies to post #145768 on Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Here is the new game. The street know the investors bearish sediments and are playing off it. What we are seeing are head fakes of major drops with fantastic finish. These guys are playing daytraders like a fiddle.
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Hi Smart_Money,

I wholeheartedly agree with your premise.

Though I haven't traded any non gold /silver stocks in almost a year, I have two bearish day trading / swing trading buds who keep selling the breaks instead of the rallies and 'end up' getting reamed on a continuing basis. They don't seem to understand (or want to believe) that there is a pretty much immovable force that just seems to show up at the strangest times. <gg>

I'm sooooo glad I converted to goldnutism a year and a half ago for I would surely be wearing a body bag by now instead of savoring triple digit % gains.

Kindly excuse me for boasting, but I'm so darn happy to have finally called 'one' for my friends who went down with me in Global Crossing et al!

Things could be worse..... <GG>

Good luck.

[Zeev Hed]

Smart Money, I am not sure about it, of the Q for instance, only BRCM is above the point I sold it just after the lunch ramp, JCOM is actually lower. Other traders, like NVEC, CELL, BSTE, OVTI, LEXR and SNDK are lower as well (CCMP though, I screwed up royally). Something is fishy since usually, when the market closes so strongly, those stocks continue their forward advance, today they did not. I think that the daytraders played "these guys" rather than the other way around (g).