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

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To: Softechie who wrote (15524)12/21/2001 7:32:48 PM
From: GREENLAW4-7  Read Replies (2) of 99280
 
WOW, Lots of OVERLY BULLISH sentiment going into January?

Last night the sky was falling, today its 2050, then 2250...I admit I have been very wrong about current strength of markets...but we can only go so long before the GAS runs out!

Technicals on both NASD and DOW look like they are ripe to turn over.

The fact evrtyone and thier mother are chasing the markets..we just might roll over in early January as investors wait to sell in 2002 instead of 2001..and head south as earnings come in.

I have no clue really how to play these markets, except to play CRUDE. Long for a week, then short for 2.

Personally I found the JNPR action INCREDIBLE! I read those earnings and I cannot believe not 1 analyst lowered their price targets?

This tells me FUNDS ARE KNEE DEEP IN TECH, and BIO-TECH. I wonder how fast the air will come out..and if we do goto 2200-2300 like so many believe...we could fall to 1600 much too qiuckly!

Enjoy the posts, and wish everyone a safe and happy Holiday season!

I just wish markets would make CENTS again!
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