Replies to post #95539 on Zeev's Turnips Patch-No Politics (ZEEV)

[was Steve]

Justa you said:

"Don't understand while so many are so bullish with those looking at them in the face."

didnt you know denial isn't just a river (ggg)
steve

hope kills

[ajtj99]

Justa, we don't do triple anything here (well, maybe shots of booze if the market goes against us). Suggesting 26 on the VIX is heresy <G>

27 to 28.50 (augie's number and mine) is perfectly kosher, however.

[augieboo]

"The key to the vxn/vix puzzle may be what I suggested today -
- namley, the Nasdaq and NDX and Sox have topped out while
the SPX and DJIA have not. Look back at last March and you
will see that while the Nasdaq topped on March 12th, the SPX
did not do so until March 19th."
==============================================================

That makes sense. (:

Here's another question for you. I think you mentioned a couple days ago on your Brinker thread that you think we may be in a bottoming process. Assuming I'm not misquoting you, are you thinking along the lines of a top now which leads to a retest of the October lows, which is then followed by a large rally or possibly Bob's cyclical bull?

TIA,

augie