Replies to post #323745 on Zeev's Turnips Patch-No Politics (ZEEV)

[steviee]

"the market is almost always up during Thanksgiven week" . Expect the unexpected :-)

[JimQuinceH]

Rich, I don't know how many points the Dow Jones Industrial Average nor the COMPX are going to drop, but I suspect it will be noticeable.

I still think the market is up (on balance) into November 23rd (what happens this Friday, on Options expiration day, God only knows), but come the 24th of November the Momentum Cycle will have peaked and the market should go down.

I know the day after Thanksgivibg is usually bullish but I don't think it will be this year but I could be wrong.
I'd look for another rally week after next, but of a more subdued nature (ie: Fewer stocks particpating), into the Bradley Turn Date of December 3rd, after that I think short is way to go, for awhile.

Jim

[JimQuinceH]

Rich, I don't know how many points the Dow Jones Industrial Average nor the COMPX are going to drop, but I suspect it will be noticeable.

I still think the market is up (on balance) into November 23rd (what happens this Friday, on Options expiration day, God only knows), but come the 24th of November the Momentum Cycle will have peaked and the market should go down.

I know the day after Thanksgivibg is usually bullish but I don't think it will be this year but I could be wrong.
I'd look for another rally week after next, but of a more subdued nature (ie: Fewer stocks particpating), into the Bradley Turn Date of December 3rd, after that I think short is way to go, for awhile.

Jim

[JimQuinceH]

Rich, I don't know how many points the Dow Jones Industrial Average nor the COMPX are going to drop, but I suspect it will be noticeable.

I still think the market is up (on balance) into November 23rd (what happens this Friday, on Options expiration day, God only knows), but come the 24th of November the Momentum Cycle will have peaked and the market should go down.

I know the day after Thanksgivibg is usually bullish but I don't think it will be this year but I could be wrong.
I'd look for another rally week after next, but of a more subdued nature (ie: Fewer stocks particpating), into the Bradley Turn Date of December 3rd, after that I think short is way to go, for awhile.

Jim

[JimQuinceH]

Rich, I don't know how many points the Dow Jones Industrial Average nor the COMPX are going to drop, but I suspect it will be noticeable.

I still think the market is up (on balance) into November 23rd (what happens this Friday, on Options expiration day, God only knows), but come the 24th of November the Momentum Cycle will have peaked and the market should go down.

I know the day after Thanksgivibg is usually bullish but I don't think it will be this year but I could be wrong.
I'd look for another rally week after next, but of a more subdued nature (ie: Fewer stocks particpating), into the Bradley Turn Date of December 3rd, after that I think short is way to go, for awhile.

Jim