Replies to post #90156 on Zeev's Turnips Patch-No Politics (ZEEV)

[orkrious]

I'm thinking the market turns down early next week. you don't think so?

[orkrious]

I'm thinking the market turns down early next week. you don't think so?

[Babylon]

To say it's not a fake, that would imply that the Nas move up here is not a fake, I would think. If it keeps carving upward, I would expect the market to keep climbing.

Conversely, if the market does display considerable weakness, as should be expected, I'd expect the $18.25 to be a fake also.

IOW, I don't believe INTC can climb (market perform at best) while the market is expected to decline.

[cy esp]

Zeev - Time to cover INTC and MMM shorts, or with current market direction (down), safe to hold for next leg down?

TIA - Cy

>>>You must be thinking that the break above $18.25 is fake?<<<