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

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To: Israel who wrote (42387)3/20/2002 6:15:07 PM
From: Zeev Hed  Read Replies (2) of 99280
 
Israel, thought I stated that a number of times: A.. deployment of massive 401k and other retirement accounts. 2. Earnings that beat drastically lowered expectations. C. The expectation that we have Passed the through" in the economic environment (bigger GDP numbers, better employment numbers etc.). D. The main catalyst, IMTO, will be the coming decline ending with extreme sentiments indicating fear has come back. These are just few of the triggers, additionally, the street will need to get the market up, otherwise, they cannot collect their 5% on the future $50 B of GE securities and other IPO they are planning, they will want to sell the public. Just don't overstay your welcome, since that rally, while "furious" may not last very long between 3 weeks to six weeks at best.

Zeev
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