Replies to post #2231 on Zeev's Turnips Patch-No Politics (ZEEV)

[FinnTroll]

Sold QLGC at 38.34 for a buck profit since yesterday.
Doubled up on AGM awhile back at 22.14. Hoping to get out of this one even as my last buy is below snorkel depth.

[wahz]

Biggs' call could counter.
I gather he made it within the last few minutes. he should have waited until 22 after, right?;>)

[Rayman]

I am scared by your "another low" call<g>. Out of a bunch of Q positions with nice profit, will wait for a pull back if we get any.

You have exceptional feel of the market, so the naz may have to yeild to you here. But the market is pretty strong, some of the Qs are incredibly strong consider where we are here.

[DlphcOracl]

What are your thoughts for remainder of day? Two options:

Option 1: S&P bounce from 900, Dow bounce from 8600 and Nasdaq bounce from 1320 support levels signifies the beginning of a rally. The indices gain strength throughout remainder of the day, finishing at HOD. Tomorrow brings continuation of rally.

Option 2: No real capitulation. Traders and hedge fund managers use the initial bounce off of support levels to unload stocks and re-initiate shorts prior to close. We finish last hour with a nasty selloff.