Replies to post #162683 on Zeev's Turnips Patch-No Politics (ZEEV)

[matin03]

WEll I am starting to get overbought reading already on some of my indicators. Sure feels like we need one more move down to finish off this down draft.

M

[Justa Werkenstiff]

Z: Hard to answer as you did not give me a beginning date you had in mind for this rally.

If the rally you made reference to began on October 13th, then you are right. But we are lower than where we were then by about 20 ndx points as I write. So the "rally" has gone nowhere for a week net-net and so that period makes my point.

If you are talking about another date for the beginning of this rally, then I think you are incorrect going as far back as late September.

Amazing how six days of a low p/c takes its toll on a market. Reminds me of June.

Maybe put buyers come in another day. Not today though it seems....p/c .58 as I write.

[justamother]

Zeev, are you holding QLTI thru earnings? tia eom