Replies to post #21165 on Zeev's Turnips Patch-No Politics (ZEEV)

[The Realist]

Hey Zeev, Haven't been following lately. What do you think of qlgc under $35.

[steve susko]

Peter Lynch on CNBC going on now.

[jdaasoc]

your StlouisFED MZM data hit new high last week. Everyone is still putting their dollars to work in money markets at 1%. Too scared to invest in stocks.

 
  
 Latest Observations: 
 Date  2002-07-22  2002-07-29  2002-08-05  2002-08-12  2002-08-19   
 Value   5905.6      5946.8      5932.1      5936.0     5968.3   
  
  
  
 

[chainik]

A Colossal Swing in Investor Sentiment

As of August 16, the percentage of investors who were bullish measured 36.7 percent and investors who were bearish came in at 40 percent. The next poll saw a turnaround of immense proportions, as 45.7 percent of investors were now bullish and 31.5 percent were bearish.

http://www.schaeffersresearch.com/

[chainik]

Zeev, I noticed that my mental trading range is always lower than yours. Always. I would say 1260-1340 for the next few weeks

[Fletch]

Hi Zeev,

Hope you have a refreshing holiday away from the market. May I say thanks for being Zeev! Looking at your profile, I'm surprised only 600+ follow you here. Leads me to believe the board is a very undiscovered market resource. I should send a link to several large fund managers just to hope to get them following. Wouldn't it be nice for you to post a lunch Q buy and then have several large funds chase after them LOL? Na, it could take the challenge away and I'd hate to see the scramble dump after you post the sell.<VBG>

BTW, you haven't mentioned TARO as a swing or trader play lately. Since I sold above 32 last week, it's pulled back for a good buy below 29 and is now at 30. I wish all my plays were as good as TARO has been to me.

Hoping all have a safe holiday,
Fletch

[podstock]

Zeev..in other words, what you are saying is that we are, in the words of U2, "..running to stand still..."?

(GG)

[limtex]

Nowhere? What when the warnings and estimate reductions start flooding in?

We've now seen some references to 03 having to be reduced. Imagine that 03!!! That is little short of disastrous.

The economic numbers improve, the geriatrics at the Fed say the recovery is on track and the acutal businesses that make up th eeconomy and do the business say that things aren't improving in fact they are getting worse and 03 estimates are way too high.

You don't need turnips or charts or TA to work out what happens next.


L

[journyman]

Hi Zeev, IF the Naz violates 1263 in the next couple of weeks, what would that do to your model? Thanks.