Zeev's Turnips - No Politics Message Board

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

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To: mishedlo who wrote (30495)	2/16/2002 6:35:31 AM
From: orkrious	Read Replies (1) of 99280

I have no idea what will spark a rally. I am pretty sure it will happen. I do not know if it is at 1720, 1680, 1749 or 1600 If it does NOT come the bottom will simply fall out and we will blow thru the Sept "bottom" like it was melted butter My guess is the latter. This is a house of cards. There are a lot of stocks at 52 week lows. Look at the telecoms. The only thing holding up this market is the semis. When everyone realizes there is going to be no recovery this year, it will be like yelling fire in a crowded theatre. Everyone will want out. Credit is starting to be a problem. My cash isn't now just in money markets, it's in treasuries. At some point this is going to be very ugly. ork

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