Replies to post #87520 on Zeev's Turnips Patch-No Politics (ZEEV)

[Ace Hanlon]

Zeev:

I am convinced that the next phase of the "nassacre" probably will not occur until AFTER some of the Iraq uncertainty has been removed. That could be a matter of days or a bit longer. A market plunge under these circumstances probably will trigger the kind of panic selling needed for a good bottom IMHO.

[Babylon]

I don't know Zeev, I think there's far more meaning behind it then we're willing to accept. <gg> You know something, wouldn't that be a picture perfect Bear Bottom: 999.99. If the Turnips call it there (there's room now to adjust, although a "stretch" would be in order by way of 19.99 points...950 plus those "30 points" and add 19.99 for esthetic value), they could rejoice forevermore. <FBL>

If you could, at least briefly, comment on: http://www.investorshub.com/boards/read_msg.asp?message_id=842729 I'd appreciate it.

[positiontrader]

Zeev,

You may recall I took off my horns and had given up on my "through the 200 day MA of the NDX and not look back" scenerio until last Wed.I even had my bear suit on and was about to zip it up.On Thursday I put back on my horns and watched consolidation occur in the market on Friday.I still may be wrong. I have only been learning now for a year.For sure I was at least 2 weeks early in the call.

The 10 day TRIN is at the highest level I could recall.That high level normally
means at least a tradable rally is coming.

IMHO I still see a reverse head and shoulders pattern with a very distorted right shoulder.Just looking at the NDX chart do you see what I see or am I way off base in my reading?

Regards

Marc

[Babylon]

http://www.investorshub.com/boards/read_msg.asp?message_id=830619

After hearing todays conference, I wonder if the 21st will be the day afterall. Tomorrow will be the last day for approval (W. confirmed it today), and I'm guesstimating possibly 3 days for reporters, remaining inspectors etc. to leave, would make Friday the 21st the target. Wondering how the market will react this week...

What do you think Zeev, if conflict happens before this coming weekend, is 1260 still on tap the following week (24th-28th)?