Replies to post #348809 on Zeev's Turnips Patch-No Politics (ZEEV)

[TREND1]

Are you changing your current BUY to a SELL with that last post ?

[AD]

and bounces so far are anemic

[chainik]

<without the exytremes in the EPC>

Z, why are you keep saying that there were no extremes in put/call?

On Dec 31,

- "retail only buy to open" P/C was at the highest level in 4 years (meaning that suckers were buying calls like in 2000)
- OEX P/C was at the lowest level in a couple of years
- CBOE EPC (21 MA) was slightly higher only once - in Dec 03

etc, etc, etc

By almost every measure, P/C were at extreme levels

Not saying that nassacre is here or that it's time to short.

[Justa Werkenstiff]

Z: I think you are bullish with cash low or fully loaded for some time and, on the other hand, you are saying the nassacre may have started already. Where do you stand here?

Your 2040 has been breached it it is not mentioned. As far as I can tell, you have not revised your model scenario for a double top at higher highs by the end of February(?). Are you still on speaking terms with your model <g>? Did you try and reconcile with it this past weekend <g>? Or have you agreed to separate until the end of February <g>?

[chanyu8]

is RIMM dead or will it have one more run before the nassacre? What is your best guess as to an OB?