Replies to post #274453 on Zeev's Turnips Patch-No Politics (ZEEV)

[limtex]

Charts look very good in bear markets. They even look like they can explain things. Unfortunately I can't remember anyone saying in 2003 look at the charts they are a screaming buy. Most of what I can remember is that the "charts" were all pointing to even fruther declines...thin g like the Nassacre etc.

L

[Zeev Hed]

I'll be playing JCOM again (unfortunately, not all of it "kicked out" yesterday, I got only partial fill at $25.10, so I am left with about one position still in and will be looking to add back around $23.5 or $21 depending how bad this market is early in the week), though my attention early next week will be on earning reporters like ZBRA, LSCP and LCAV, if BIIB declines sharply to the $51/$51.5 area I might also be interested in it.

[Hacktheripper]

This is a classic one day wonder pop... which is to be expected in this market.

"Perfect example would be BSTE .Do your charts not say "buy" ,but surprise, it lost 7 bucks since last Friday!"

There were many indicators that said buy on 7/15/04.. just look at MACD, STOCHS, OBV, RSI, and others... It told us to buy. As for sell look at the chart below.