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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: DlphcOracl who wrote (57563)4/27/2002 7:48:20 AM
From: DebtBomb   of 99280
 
Dlphc, you just need to predict more often, ;-)
To:Steve Lee who wrote (38954)
From: DlphcOracl
Friday, Mar 8, 2002 10:53 AM
View Replies (3) | Respond to of 57586

Steve Lee: Your heart is in the right place but your timing is off. This market has quite a bit more to go on the upside, IMHO. Shorting a rally at the tail end, when the "dumb money" comes rushing in, is suicide. This is the most explosive part of a rally and regardless of how overbought, it is going higher. Don't be surprised if Nasdaq exceeds early January high of 2098 and possibly approaches the January 2001 high of 2368 (or so).
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