Replies to post #392864 on Zeev's Turnips Patch-No Politics (ZEEV)

[late bloomer]

EPC at .44 , QQQQ rsi at 80, SPY rsi at 80, oscillators pegged at extreme overbought. All we need is a hint of the semis cracking, and everything's gonna dump. All IMHO

[gtober]

We're definitely overbought. I can't see the next 'move' being up, but I won't stand in front of a train either.

[marginnayan]

Do you still think MRK (from your DOW gambit) can reach high thirties ? thanks

[shack]

Still using that CBOE number eh? Today the all-exchange EPC closed at 0.78, yesterday at 0.84 keeping the 10 day EMA of the indicator very high at 0.77, nearly extreme.