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

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To: TraderXx who wrote (51099)4/14/2002 1:52:10 PM
From: Jeff  Read Replies (3) of 99280
 
sure....i will enlighten you pal....though you don't deserve it since you post nothing useful....and use these boards like a teenage chatroom....

first...i'm not a bull or bear.....i just trade what i see and always keep an eye on the big picture.....because its what you " don't" see coming that will hurt you....

so i look for things on these boards that others overlook...

first off...we are in a bear market..if you deny that...then it doesn't matter what anybody says....you are in denial....and therefore you are not looking at the shores edge to see if the ice is starting to melt....

anyway...the final stage of a bear market is the death blow....when everybody just wants out and says f-you to stocks....

many things need to happen and come together as one for that final stage to unfold.....one of the most vital factors is for wallstreet to lose credibility with the sheep... aka. average american investor.....

don't know if you live in a cave or not and haven't seen whats "starting " to happen....but big companies starting to miss....did you hear of enron?.....the starting of the downfall of the big houses as merrill got caught.....yes...and the XRX fraud.....

if you wear rose colored glasses....this means nothing to you....but i see it all as "early" warning signs that need to happen before the final stage of the bear begins....

lets look for more subtle signs in the market...shall we

NT...LU...WCOM...JDSU....turning into penny stocks...geez...thats a good sign...right?...duh!!

AOL...BMY...IBM...getting slapped hard and breaking the september lows at a much higher dow.....geez...thats the sign of a new bull market right...

semi's and bio's lead the charge in the bull market....well....they already started slapping down bio's first....some former high flyers like PDLI,HGSI,BGEN...well below the sept lows with a much higher nasdaq....

if they weren't holding up overvalued semi's....this market would already be back down to sept levels.....so what happens when they start slapping semi's.....can you guess the answer....

but semi's won't crash....right

well...INTC just silently broke to a new year low last week...is that an " early " warning sign? the much considered leader hitting a new low for the year in the strongest sector to date...

if you look for subtle signs....that means something....if you don't...just ignore it.

now on the other hand.....

if the final stage of the bear happens....its likely gold will run big....so lets look at gold stocks...

many are at 2 or 3 year highs....yet gold is still only around 300 an ounce....it has been around this level the last few years...but the gold stocks stayed all much lower....like last year....gold was in this area...stocks like DROOY...last year around 1.00.....this year near 4.00....GOLD....last year 5.00....this year 10.00......HGMCY...last year 4 to 6....this year 12.00.....how can that be?

the price of gold is still in the same area....

is it true what they say.....the gold stocks go up before the price of gold itself....does that mean the price of gold is going to be heading up as the stocks are saying by the new higher highs they are making....

can it be....is this an early sign of things coming....because for gold to run....its likely the market needs to crash.....

so we have....

gold stocks making "higher" highs at pretty much the same old gold price....

and now we are getting dow and nasdaq stocks making "lower" lows at " higher" levels in the market.....

for folks who know we are in a bear market....these little subtle signs have a meaning to them and they need to be watched closely going forward.

for folks who believe we are in a new bull.....they mean nothing...so just ignore them.

the comments in this post are just my opinion...

but the numbers in this post are " cold hard facts"

now traderXx....

lets hear what you have on the markets going forward.....or are you just a blind sheep follower and have no market opinions of your own....
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