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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: t2 who wrote (12761)12/12/2001 11:42:31 PM
From: JustTradeEm  Read Replies (1) of 99280
 
NV, I clearly don't understand your posts .... you seem to state one thing and then post a contradiction .... you opened your post this morning with the following:

The market has basically gone as low as it can get after the big run up. I know many think this is it..now it is ready to move lower. I believe this was the move lower

Clearly, to me at least, you are stating the market would not go lower from the time of your post. It then proceeded to sell off.

Money on the sidelines ... you state:

At the same time, the amount of funds is at another record high. Even if they don't move this money in the stock market market, maybe not as much new money makes it into money market funds.

My point exactly, you continue to post about "money on the sidelines" as a positive. Yet, you then admit money is NOT going into the market. I reiterate, there are reasons money is staying on the sidelines. People do not trust this market, simply put. Managers may buy because they need to but you're not seeing new money rushing into this market.

Just as Softie thinks we'll crash every single day, you've never met a day you couldn't find reasons we'll run up 80 points. Wasn't that your prediction the other day ??

Oh, I forgot ... you don't ever do that predicting thing.

Tomorrow looks like a slam dunk for the bulls. Maybe I was was being conservative when I said minimum of 40 to 50 points tomorrow.<g>

Guess what ?? Enuf said ... good trading .... JB
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