Replies to post #167761 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

You may be right, I did not get the excesses in the internals I expected by now, so it may continues a little beyond "a marginal new high". However, since I am not in during the morning session, I decided not to take on any additions (IBM was nicely under $90, I saw it print $89.68 around 5 PM, which would have enticed me, under more normal circumstances...). This particularly since there is some chance of a G&C tomorrow (the futes have gone back into the black and Asia is frolicking...). So I stay with my "close" stance with few deep OB's under the market and wait and see where we are tomorrow around noon. The only OB's that is not "out of reach" is CCMP under $55 (with a double under $53), but who knows, it may open $2 higher.

[fisherman]

Why do you have to apologize(with all due respect to Zeev) for your opinion. When I said that I have used Zeev as a contrary indicator for many of his daily calls he then says I must have shorted when the market went to 1840.