Replies to post #322114 on Zeev's Turnips Patch-No Politics (ZEEV)

[Justa Werkenstiff]

Z: Re: "I still think that shorting here is to try and catch a top."

But the greater risk is holding long here and gaming the top and failing to recognize it and thus end up holding the bag.

Re: "in manias"

I don't see that here so far.

Re: " I am sticking by my scenario of a relatively mild retrench, I don't know wherefrom."

With all due respect, I don't see much left of your orignal scenario to stick by at this juncture.

[westpacific]

Short too early and get creamed, DOW is showing easy mid 11s and SPX 1253 minimum before game is over.

The downside is limited in the next three months.

[jrintl]

You looking then for (A) spikey up the entire week (into Friday) -without retrench for 5 days or (B)some kind of pullback into mid-week (but since we won't get all the way back to Max) then spikey up into EOW?

[Burk]

Zeev, I read you to think we have more upside into Friday before a possible retrench to 2000 level...or will this retrench happen before Friday, ya think? Thanks.

[rajaram46]

A spike up on expiry?....not down?