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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: yard_man who wrote (1521)3/8/2004 6:56:34 PM
From: ChrisJP  Read Replies (2) of 116555
 
Hi Tippet,

I don't know if you follow Zeev Hed's market timing predictions (he posts on iHub), but he thinks the markets will swoon until late March/early April -- have one heck of a rally (NASDAQ 2400 ?) into the summer -- and then in September dive and never look back.

Some on on iHub even posted a chart.

Anyay, my message is that its not too late. I think the NASDAQ will touch its 50 dEMA (1870 ?) in the next 3 weeks. At that point I will probably sell a bunch of my USPIX.

Then if Zeev is right, I'll buy some back in late July or early August.

Also -- my definition of a "travesty of justice" -- HOLDING THE PPI HOSTAGE !!! Absolutely unreal, but to be expected from an administration who outs a CIA agent to get back at the agents husband for publicly disagreeing with them.

Chris
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