Zeev's Turnips - No Politics Message Board

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

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To: Dave Gore who wrote (20477)	1/10/2002 12:59:14 AM
From: mishedlo	Read Replies (1) of 99280

Yep - this will last until it dies. Have you seen all the layoffs, bankruptcies. All the people rushing to buy now cause they "locked in". Interest rates (at least long term rates) have bottomed. How long can housing prop up the market. I hope you do not think forever. The consumer is on his last legs as is housing. Look at weakening FNM BZH etc for clues. When the TA and FA do not jive.... Believe the TA. If housing is so great, and everone so bullish on FNM... Why is it putting in lower tops and keep retesting that bottom. This one will pull an "MU", trust me. Held up forever but when it finally died, it did with a "Kaboom" if you pardon the expression. M

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