Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (84435)	6/24/2002 6:30:07 PM
From: Crimson Ghost	Read Replies (2) of 99280

Zeev: I say ban Johnson. BTW, here is a very interesting quote from John Hussman's latest market musings. He agrees with you 100% on what is necessary for a decent bottom. Normally, large counter-trend rallies do not develop until the market experiences a very strong whipsaw in the behavior of market breadth, which suggests that we are likely to see at least one week of dreadful breadth (declining issues dramatically outnumbering advancing ones) before the market mounts any kind of sustainable bear-market rally, or (much less likely) a new bull market. For now, we simply have no evidence of investment merit or speculative merit upon which to justify taking market risk. Accordingly, we are fully hedged.

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