Replies to post #258122 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sharck]

CYBX flyin into close, will take profits here again before da bell...
S

[The Freep]

Criminy, Jim, it didn't take me 43 years to be wrong thousands of times!

The market is simply gunning for your signal this time. A cancelled day of trading. Signal in expiry week. Today marginally down on the Dow but up on the OEX (which one is your signal pegged to? OEX, I guess, based on your comment). Meaning if we're down tomorrow, was the signal hitting on the proper day... or does that mean we go up Friday? Too much for this Freepish brain.

I guess you signal could be pushed a day late, too, giving us til Monday to hit 557 OEX? That way we can chop around in expiry week and not let anyone make money.

Glad to be watching quietly...

the freep

[The Freep]

Actually, Jim, I have a followup question....

Your numbers say 1) OEX should hit 557 and 2) Turn date on Friday.

Which one do you give more weight? In other words... was yesterday's tag of 556 OEX close enough? or does price usually outweigh turn dates?


I realize this is not an exact science, but I'm curious. And if tomorrow is a down day, would you interepret this to mean that we have turned down (a day early or the original day) and the price won't be met? Or would you instead expect Friday to be a turn back UP?

Gracias for answering the semi-unanswerable.

the freep