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

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To: Jim Cash who wrote (8406)11/27/2001 3:10:29 PM
From: DlphcOracl  Read Replies (3) of 99280
 
Jim Cash: My guess is that the turnips will eventually be right, but not for the next several months. I do not think we will retest the lows or have significant declines in December or January. However, if earnings warnings in March 2002 suggest that: (1) Economic recovery will not occur until late 2002 or early 2003, and/or (2) growth rate for tech stocks after economic recovery will be somewhat anemic, not reflective current rich valuations, then we will indeed have a sharp selloff sometime between March 1st and July. Just my opinion.
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