Zeev's Turnips - No Politics Message Board

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

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To: orkrious who wrote (42392)	3/20/2002 6:40:40 PM
From: Zeev Hed	Read Replies (2) of 99280

Yes, rising interest rate (if you remember one of the reasons I cited at the time for the June decline is a false step by the fed prematurely raising rate, or in other words, even starting to talk of rising rates) will crimp a rally, that is why I have only three to six weeks of a spring rally. You (the street) cannot engage in stock distribution when the market think we are in a bear phase, to get everyone to believe we are in a new bull move, the Dow will have to take out 11,000 and the Naz 2100, thus my outrageous highs for this year of 11,300 and 2250 respectively for those two indicators. Zeev

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