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

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To: Shack who wrote (34960)2/28/2002 4:23:53 PM
From: Ditchdigger  Read Replies (1) of 99280
 
Appears the market is suffering from a huge credibilty problem, that's a given..Now what about the Fed? The accuracy of recently released numbers and revisions is stunning..Are these fella's just guessing when they originally release numbers? The percent of error is huge, beyond belief..If the dow truns decisively negative, the Naz is set up to get crushed,IMO...BTK closed below 480, SOX below 520..I can't imagine they can pump the dow to much further, my guess is any great number tomorrow is already factored in...expect the consummer confidence number, which could surprise to the weak side,IMO..
I still don't believe investors have had the pants scared off them yet, the drop as a result of 9/11 was just that, a result of 9/11..I don't think investors were aware enough of the market fall, and never really "lost that love'in feeling" for stocks..might get a second chance
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