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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: ajtj99 who wrote (35944)3/1/2002 10:31:35 PM
From: 16yearcycle  Read Replies (3) of 99280
 
"Larry, looking at the new highs and lows on the Nasdaq today is pretty convincing. The big one is the NYSE new highs (192 according to Yahoo). That's major."

Huh? But Oracle warned and the vix is low? I mean, we are like a whole 10% higher than the double bottom that would have formed in Sept and April. That has got to be way too much, especially with fed funds at 1.75%. We are on the verge of a liquidity crisis. Gold is UP.And the nas has like a pe of 1700 or so(Cramer told me personally. He is reliable isn't he?) And there is just no recovery in tech...probably until the next millenium or so. I think the most important thing is this, and almost everyone has missed this one:

The Japanese economy is weak.
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