Zeev's Turnips - No Politics Message Board

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

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To: JustTradeEm who wrote (12874)	12/13/2001 12:27:12 AM
From: t2	Read Replies (1) of 99280

JB, I starting playing a bit of the guessing game on market moves the other and had predicted a big up day. I see you decided to dig up that post from last week. It was only a prediction on one day. I was obviously wrong. I try to avoid such day predictions but could not resist that day after the Intel update. Daily moves are pretty hard to do. All I can say is the reasons I have cited was partly my bullishness from the lows in September; prior to that I success on and off this year. RE:"The market has basically gone as low as it can get after the big run up." Obviously, that was my prediction for the market ;well it went up today; I don't know why you take the words so literally-- I am referring to the general direction; not hour by hour forecasts. Well, that my clarification. 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. So you are "predicting" the money will stay on the sidelines. Give it a rest. We can only make predictions and yours does not agree with mine. You obviously ignored the fact that short term interest rates can easily factor into the investment decision. It is a question of risk----taking money out of money market when the rate is 5% is a very different decision than taking it out when it is about 1%. The term risk premium is always there in an investment decision. This is a pretty simple concept...risk. Why do you deny that you are not "predicting" market moves? Your bearishness is a prediction. Your assertion that the money will not come into the market is one as well. I don't like digging up other peoples' post because I realize that sometimes people are right and at other times they are wrong; and sometimes they have conditional forecasts. So what! I am not going to waste time looking for yours or anybody else's posts unless it could help me in my decision making..not to put people down. I see a whole lot of "predictions" made by so many people (many very short term and very detailed)and you have little problems with that. Just share your ideas and move on. Stop wasting my time with stupid attempts at arguments. I gave you my comments on the money market funds---if you don't like the answer, that is your choice. Just ignore my posts if they bother you so much.

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