Zeev's Turnips - No Politics Message Board

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

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To: marginmike who wrote (75632)	6/6/2002 8:42:52 PM
From: Earlie	Read Replies (2) of 99280

MM: I am in your camp. We have had a bunch of "down" of late and this evening's dump looked a bit overdone to me. I also think tomorrow will see considerable covering, especially at the opening, which could cap the descent for a while. I intend to watch things very closely at the opening and respond accordingly. Actually, I suspect that most bears would actually welcome a nice big violent rally in here somewhere, just to make it safe to get back into the water again. (g) One thing is for sure and that is the unravelling of the economy continues and Greenspan has used up all his ammo. Can't see anything to reverse the longer term cratering, but the rallies will be a thing of wonder in this manic environment. Best, Earlie

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