Replies to post #46712 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Hey, don't blame the turnips for the dark side adventure (g), if at all you want to blame them, then only on those stocks the turnips suggested as dark side candidates, like IBM at $82.5, or VECO at $12.5, BRKS at $13.5 and NEWP just under $12 (the last two from 11/11, the former much earlier in November), the damage even though we are 100 Naz points higher would be minimal or non existent, and if we go down hard here, the profit would be nice. Now VECO is a little too late and for those that are still short the next few days should surely provide a profitable exit).


Zeev

[Train Guy]

Nah, you just got done in by thinking fundamentals mattered. Rule number one, the markets can be irrational longer than you can be solvent. It can make it hard for us that actually do research and think it always matters. Sometimes the markets do stuff just because. Because why? Not because why. Just .... because. So did we go up because we were oversold, or maybe it was because of the snipper and "they" were worried about terrorism, or was it an election ramp, or was it ...... We may never know.

Check this out, I've been looking into trading futures.

--HOT OFFER FROM ONE OF OUR SPONSORS !
Get your FREE copy of "Boilng Hot Cocoa"

Get your FREE copy of the OsterDowJones & Trader's Network cocoa report - "Boiling Hot Cocoa!" Cocoa is already the hottest commodity market of the year but now an attempted military coup in the world's largest-producing country, Ivory Coast, has raised a new threat to supplies. In this special report, veteran OsterDowJones reporter Enza Tedesco examines why the unrest in Ivory Coast might give fresh impetus to this market. Ian Stephenson details the perspective of London brokers, while ODJ's Chief Market Technician, Jim Wyckoff, looks at the technicals, confirming their bullishness. ---

If we were trading futures than we could have excuses like, I got done in by a military coup in the Ivory Coast. <g>

Time for a nap. The Leonid metor shower is tonight. We get something 10:30-11:30 on the east coast, but the main show, which is suppose to be better than last year, doesn't start until 4:30 and goes till sunrise. West coast doesn't get the first part, and the main show is some time around 1:30ish on. Should be the last specatular one for 30-100 years. Not going to try and get any pictures, camera ain't good enough. If you've got a wide angle lens, you can probably get some good ones with yours.

http://www.newscientist.com/news/news.jsp?id=ns99993063
http://abcnews.go.com/sections/scitech/DailyNews/leonids021118.html