Replies to post #41122 on Zeev's Turnips Patch-No Politics (ZEEV)

[mjk]

Seems the last time we were at 1425 everyone was convinced we were headed straight to Zeev's 1525-1550, then he donned the bear suit and turned it around <g>

I just wish he would do it again here soon since I loaded QQQ puts at 1347. Zeev, are you listening??? <vbg>

[augieboo]

Without any kind of meaningful pullback on the way up -- we will get something considerably worse than a teddy bear correction quite shortly IMHO.

<sniffle> That's the nicest thing you've ever said, George.

(:





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[Rayman]

I totally agree George. Although I think the rally, with a Nov correction, will be going on with a year end of 1500, but harsh correction next year. Last year Zeev said that the rally was too strong and too momentuous, and he suspected the market would sell off this year, darn, 2038 to 1100 was a selloff, wasn't it<g>.

This market is insane, but more insane and aggravating becuase I am now 80% cash, sold most stuff along the way, so I am not on the gravy train today. I couldn't find any meaningful pullback<gg>.

[brightness]

That is my reading, too. The trains are pulling fast and furious both ways, with far less zigzagging than turnips or most anyone else are expecting. IMHO, for all I know, this thing can go all the way to 1500, then snap back with little to no support all the way down to 1000, all within the next six months.