Replies to post #86189 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sam1212]

Zeev,

What would you guess near-term (15 DAYS)lows for Cymi now that they have reduced their revenue guidance? Do you expect Cymi to go below 20 by the end of Nassacre?

[rydex]

Any one knows a site listing historical new high/new low number ?

TIA,

Mike

[Babylon]

Well, between now and the original target of the first leg (of what increasingly looks like a 2-legger to me), do you anticipate a bounce worth playing (since support has broke) of 50 points or so in the interim? Or is this just too close to completion to play with, with much conviction until it arrives?

[ajtj99]

With 3-white soldiers on the COMP 30-minute chart, it would seem we're in for a bit of a re-trace down in the AM tomorrow to possibly 1266 before a ramp later in the day to test 1292, which is also the 3-white soldiers target and the prior low shelf.

[fowler]

Zeev,

re: In the last twp hours, call buying was twice puts buying, and even during the depth of the early decline, put buying was lagging calls.

There is no way to tell if the put and call volume was buying or selling. Reviewing the day end OI ratio change will give a hint, but you can't pin point interday action.

You can use the put/call ratio as an indicator, but very often the volume can be traders either closing option contracts or shorting option contracts. So it's not a clean sentiment indicator.

John