Replies to post #194208 on Zeev's Turnips Patch-No Politics (ZEEV)

[Father Fred]

Just passing through,

The Top 15 US program-trading firms have successfully realigned the Dow.

The Market is now repositioned to potentially reach 13,500 by December 2007 or earlier.

US and Canadian micro-cap stocks,under 250 million-dollar market capitalization,continue to offer the highest probability of upside potential and the biggest BANG-FOR-YOUR-BUCK.

http://www.geocities.com/zenit_thinking/

[shoreco]

Zeev, On 01/08/2003 the Dow hit 8736.93 as a high...

The highest the Dow has been during this rally is yesterdays closing number of 10600.51 w/a print of 10600.74 as the dust settled @16:02:41...

I think we're headed for that high set back on 03/17/2002 of 10673.10...


This could happen Tuesday as they get set for the Presidents State of the Union address...

EOM
Shoreco

PS
February options have the least amount of puts I have seen since this rally started. They do go back up for March though...

Down for a few weeks??

Followed a rally to wipe out of the March puts??

Of course Bears would like to see a Delta hedge to the downside for a change, but we'll have to see how the balance of the earnings season goes before we even think of this train getting stopped...

March highs...

Dow = 11,000ish

SPX = 1175ish

COMPX 2300ish

This should be it until the fall (and even then it's way too early to guess that map), because I haven't heard anything so far in these earnings that even come close to justifying the exuberance (JNPR made 14mil and is looking for a flat qtr to make another 14mil...LOL...)...

And then we'll have that "tax rate" thing over-hanging us...

[M3]

Zeev, we've got an issue here. The data according to Yahoo and Big Charts concur with what you are saying, intraday high of 10652. However, the data on Prophet.net and Stockcharts.com say 10592. Weird.

Can anyone check more sources? Interested in thoughts on this.

Regardless, we made a new closing high and broke the 200 week SMA on all three indices. Should lead to some program buying, or a nice headfake to crush the snorting bulls.

M3