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 (90358)	7/3/2002 5:05:21 AM
From: limtex	Read Replies (2) of 99280

ZH - I hope I'm not turning into a bear but rallying now!!!! or even soon!!!! EVen I have to say at this point that a bit fanciful. Index fund redemptions?????? Then what? Another week or so of this and people will call it a day. I have no idea wherther that makes a bottom and I don't see how it can if there are relentless accouting scandals. And even if one doesn't appear for a day or so the worry is that the next one is just around the corner. Now it's a short hop from the announcement of the scandal to the filing of Chapter 11. As for the leadership of the various administration figures, the Treasury Sec seems content to go around Africa with an ageing pop star, the head of the SEC was a big corporate lawyer, The President is a really nice guy but he has some more pressing issues to cope with.And Mr Greenspan and his elderly Fed Governors seem oblivious to it all have caused this mess in the first place. About the only guy in government woh is focused on this mess is Elliot Spitzer. ( Good name "Elliot") Best, L

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