Replies to post #100700 on Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Zeev, a question on the index tracking stocks and volume. SPY, DIA, and QQQ all show lower than average volume today and yesterday on Yahoo.

Are we really getting that strong volume while we creep up or am I misinterpreting this info somehow?

Thanks.

[Justa Werkenstiff]

Zeev: Leadership? You mean like from the Russell 2000 stocks that are screaming? I would not read anything into the new highs-new lows here. Let's not forget that the Russell 2000 continued to move higher after the Comp. peaked last year on March 12th and peaked itself on April 16th the same day as the new highs-new lows registered its peak in my system. All the good new highs-new lows numbers represented then was a small cap run and it meant nothing except they were doing better for a little longer before they found tough love too.

[Babylon]

So how will you determine if the time and price is right to get aboard and set aside the previously mentioned -300/July scanario? I guess another way of asking is, is if we go below 1390/75, but the internals are as impressive as they seem to be to you now (or better), what would you decide on doing; go long that point or wait for the July time frame with deeper discounts at the risk of missing the move?