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 (90802)	7/3/2002 12:33:40 PM
From: t2	Read Replies (1) of 99280

I expect a pull back till about 2:00 to 2:30. If sharp, it could end earlier. Does it not concern that many market players may be buying into the fear. By fear, I mean fear of terrorism this weekend. Of course, they would be expecting to unload the positions by early next week. Even though we should be getting this buying, why is the market still negative. That should concern the bulls. If there was ever a day to buy, it should be today...yet Nasdaq doing nothing. Makes me believe the Crawford crash scenario for next week. Do you see that as a reasonable possibility at this point. I would suggest that the dollar's recent strength is very suspicious...lots of intervention? Fear of foreigners selling US stocks and the best course of action might be to try to keep the dollar stable...dollar fears can really rock the market.

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