Replies to post #333284 on Zeev's Turnips Patch-No Politics (ZEEV)

[chainik]

I agree, this low P/C (as well as very big short position by commercials on three major indexes) is not a perfect timing tool and is likely to be early sign of a coming decline.

I like your map; IMO, however, in order to get a decent Christmas/early Jan rally we need more down, ideally this week. I would like to see at least one big down day, something like 30-40 points on nasdaq.

[JimQuinceH]

Zeev, My preliminary work looks like a top, to be more likely in March than your late January/early February timeframe.

I should have a realistic date, in a month or so.

Cheers, Jim