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

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To: limtex who wrote (49287)4/9/2002 7:54:35 PM
From: mishedlo  Read Replies (1) of 99280
 
Limtex
1) Do NOT confuse economic expansion with profit expansion.
They are NOT the same. There is too much competition, too much supply, too much capacity, and too little interest from the public (or corporations for that matter) to buy anything that is not at a steep discount
2) You seem to be discarding TOTALLY the double dip possibility
3) You have your faith in eccomists that
a) did not see the recession at all
b) kept predicting expansion
c) called the bottom at least 3 times already

The economists have ZERO credibility.
You seem to have a major disconnect here.
You believe those that are saying what YOU WANT TO HEAR.
Trust me. Been there done that too damn many times myself.

Yes we will have bear market rallies, but that is it.

M
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