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

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To: Ron Dior who wrote (43917)3/25/2002 11:18:59 PM
From: westpacific  Read Replies (2) of 99280
 
Ron - have you noted the trailing 12 month PE of the SPX is 62, have you noted the whole economic recovery is a matter of "seasonally adjusted" government figures, have you noted that the VIX is at 20, have you noted that the rally off the September lows is obscene, have you noted the time cycles, have you noted the bullish sentiment.

Not the time to be short, you have to be joking, fools here on SI - so many fools praying, hoping, just begging we get a SPRING RALLY. FOOLS THE LOT OF YOU.

Sure we are going to get rallies from here, they will be sold into, we cannot just go straight down. I would not be surprized to see tommorrow green, SPX bounce to say 1150.

I could go on but it is late.
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