Replies to post #372861 on Zeev's Turnips Patch-No Politics (ZEEV)

[Burk]

Well, what I meant was, to me, there is a lot of fear out there and some real signs of some early capitulation...NYSE Issues advancing divided by declining has breadth as oversold as July 2002...last time breadth was this oversold resulted in a 190 pt SPX run..

In past three years 10 day put call has been this high only 6 times..in every instance a major low was left behind.

Negative divergence on the VIX...

Yadda, yadda..we'll see...maybe we still hit 1950 Comp first...I wouldn't bet on it, though...

[wecus]

I absolutely agree. Asides from RSI one might want to notice ADX, OBV and adv vol / decl volume on the COMP.

As a personal tidbit I can further tell you that my WL which contains of roughly 50 stocks was mostly in neutral stance in the last week or so and my folio is actually up 1% over the last five trading days.

Shaking, yes, (and a triple sandal is not helping here <g>) but still far from falling of the tree...

Andreas

[Alexander]

I feel the same way...