Replies to post #49432 on Zeev's Turnips Patch-No Politics (ZEEV)

[leon]

AJ, with todays equity p/c below 50 and its 10sma at 56.0; along with the daily stochs practically lock limit and the paucity of new highs, i think we're about ready to turn. additionally, my short-term momo indicator has begun to diverge. i expect flat to down tomorrow. don't know if thats the beginning of the reversal or not, but it can't come too soon for my taste. LEON

[TraderXx]

Ajt (off topic)..have to respond to your guru Jeff over on SI and how condescending he was to you and other posters on his thread. For this nutcase to come and say how ashamed he was to read that you guys missed the so called AV (so funny)"indicators" when he was baiting everyone there on how this market was going to go to hell at the time, is just tooo psychotic. Now hes warning of a possible further move up???...LOL..Hes basically calling you guys idiots while forgetting how he led all his followers to believe the market was going to tank..and tank hard.

Dude..it seems you have a nice handle of calling the market somewhat fairly, but for you guys to listen to this nutcase call everyone basically idiots, including Zeev, is just too funny man. This guy is in denial.

Sorry for the off topic issue.

Good Luck!

TraderXx

[limtex]

What happened for the last two years may not be repeated. There are now signs of a few companies doing really well and some smaller semis which have great leverage into a recovery.

Last year and earlier this year business was universally deteriorating but this is cetainly changing for a few companies and not just marginally but quite big buisness improvements.

The market might well take another dive but it is going to be a bit different this time if at the same time companies are coming out with greatly improved earnings and revenues.

L