Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Pink Minion who started this subject	9/21/2001 11:45:34 PM
From: Travis W. Clark	Read Replies (1) of 99280

To:Jay Dreifus who wrote (28429) From: Zeev Hed Friday, Sep 21, 2001 10:07 PM Respond to of 28433 Jay, right now, I have about a quarter delay in the old scenario, namely the next bull may not peak until the first or second quarter in 2003, maybe even later if we do not blow up too fast. The low for the whole "long term" (which I had for some time no at 1400) it has been reached on the naz but not on the Dow (where I still have 6000). I may have to lower further the Naz low, but I really do not know at this point. Generally, I see a rally from around here (bumpy at first) peaking around mid to late November and relapsing to just before Christmas, possibly to lows close to today's lows. Then I have the "all clear" for at least 3/4 quarters and if the market does not go mad, possibly more. The reason for the next phase down (in 2003, and maybe not until the second or 3rd Q) are being sewn right now with the extremely easy money (I am not critical of that approach, but i think we will have to pay for that later). Zeev

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