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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (722)	10/17/2001 5:51:38 PM
From: Jdaasoc	Read Replies (2) \| Respond to of 99280

value of consumer confidence is important With construction spending still at record levels because of low rates and prospect of them going lower, the economy will not tank period. Job layoffs mean that people either retire or find another job. The number of people still available in the labor pool keeps shrinking even as layoffs continue. As H1 visas decrease and illegals aliens get deported, labor market will continue to tighten and wages will still show gains higher than inflation. Airlines will go to 9 to 5 service with 80-90% occupancy levels on their most efficient aircraft. Tech companies like Intel will slow capital spending but will crank out as much product as ever or even more product using smaller geometries with greatly reduced payrolls. Companies are making all the preparations to meet their earnings forecasts. RE the market, low returns everywhere else coupled with record cash levels, will move the market aggressively.

To: Zeev Hed who wrote (722)	10/17/2001 6:00:23 PM
From: Math Junkie	Read Replies (1) \| Respond to of 99280

There is another driver for a selloff into December, and that is tax-loss selling. People like me, who combine short term trading with longer term positions, may have paper losses, but have booked taxable gains from trading. Depending on what their marginal tax rate is, it may turn out to be worthwhile for them to book some tax losses in December.

To: Zeev Hed who wrote (722)	10/17/2001 7:52:31 PM
From: TREND1	Respond to of 99280

Zeev Takes awhile to finish all this TA stuff, but 1 of the 5 Q's had a SELL SIGNAL TODAY.(Oct 17,2001). Nasdaq Sep 28, 2001 BUY SIGNAL is still valid. Hope that helps Larry Dudash

To: Zeev Hed who wrote (722)	10/18/2001 1:18:14 PM
From: LTK007	Respond to of 99280

<<It is very simple, all last summer I have been harping for a "capitulation", we got it, time to change and adapt a new stance.>> not so sure as you Zeev--one, much of capitulation was an immediate downrush to correct to what the global markets did while our markets were closed---specifically DAX and FTSE.The fact the Market had been closed created a surreal historic event that i,myself,can not therefore categorize what happened as capitulation. I see the markets as extremely vulnerable,all must proceed in accordance to hope,it seems. i even mistrust CC number somewhat as certain consumers maybe saying they are confident when they are not because it would be counter to having "positive resolve" in the 'america fightsback' phase. The Holidays sales will be of great importance,imo.Max