Zeev's Turnips - No Politics Message Board

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

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To: 4rthofjuly007 who wrote (26315)	2/2/2002 8:45:40 AM
From: da_cheif™	Read Replies (4) of 99280

ahhh....sounds like a question from a bear....or am i wrong.....in any event..concerning valuations....stocks are now undervalued.....on a historic basis ..that may sound funny especially coming from me....however from Gerald Appel...its a bit more shall we say appealing eh?....dividends relative to tbill yeils are at the same levels as 62 74 82 87 90......1.20 is the number.....and signalled a major bottom every time....and while many are expecting a retest of the sept low.....it would be wiser imho to bring up a bit longer term chart and ur memory banks to remember wat the bears sed in 98.....after that ugly 98 crash....ie:"the lows must be retested and then if successful i will turn bullish"....well well well....the bears got their retest of the 98 low on sept 21 with all the attendant typical "blood in the streets"....and true to form forgot their promises....snort

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