Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (722)	10/18/2001 1:18:14 PM
From: LTK007	of 99280

<<It is very simple, all last summer I have been harping for a "capitulation", we got it, time to change and adapt a new stance.>> not so sure as you Zeev--one, much of capitulation was an immediate downrush to correct to what the global markets did while our markets were closed---specifically DAX and FTSE.The fact the Market had been closed created a surreal historic event that i,myself,can not therefore categorize what happened as capitulation. I see the markets as extremely vulnerable,all must proceed in accordance to hope,it seems. i even mistrust CC number somewhat as certain consumers maybe saying they are confident when they are not because it would be counter to having "positive resolve" in the 'america fightsback' phase. The Holidays sales will be of great importance,imo.Max

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