Replies to post #92968 on Zeev's Turnips Patch-No Politics (ZEEV)

[Babylon]

Zeev, do you see a 1330 (or a 1333.33 if you want <gg>) print in store for tomorrow, or is that too wiggly?

[Justa Werkenstiff]

Vxn complacency does not support a slow grind decline after or if this bounce is complete. Looks like a straighter shot down after the bounce in my mind.

A declining VXN along with a declining market since the latest rally peak mid March is troubling for the grind down scenario. It is a toxic mix with pukage potential. Vxn is now near all time lows and is testing the January rally lows. QQV is the same.

[jdaasoc]

resumption of the regularly schedule nassacre

I am not a good market timer but I felt for weeks that analogously to major year end pump period for US markets that lasted until Jan 6, a similar pump was conducted for Japan markets for Mar 31 valuations. US markets will wilt quickly as more profits are reaped from this recent move up. Top looks like it was in 2 Fridays ago or can it limp along with more long profits reaped by additional short chasing until more symbolic APR 15 tax payment deadline occurs before rally is officially declared dead and buried.