Zeev's Turnips - No Politics Message Board

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

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To: KevinMark who wrote (51060)	4/13/2002 9:48:25 PM
From: longdong_63	Read Replies (1) of 99280

KevinMark...huh? Yes, we could bounce off of a test of 1696 but for what reasons? Oversold? Short Covering? Powell brokers a cease fire? Big Deal...the fact remains these companies earnings are in freefall. The song remains the same...the "P" is way ahead of the "E" component and the psychological damage from garbage from Enron, ML, etc. is going to pull investors out of their mutual funds en masse very shortly. IRA season doesn't last forever...better get your hard hat on. I believe it is going to get real ugly soon.

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