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

To: t2 who wrote (4323)	11/8/2001 7:45:44 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

NV, did you take some profits that were offered today? Re-test of the low is a fundamental element normally needed for closure of a bear market. If you want your bull, you need a re-test no sooner than 1-month after the Sept. 21 low. We don't have it yet. If you look at that, and the fact that most traders respect T/A, you have to respect that what is theory will indeed become fact when the theory becomes compelling enough to get people to act on it and program it in their systems. Why do you think we stop and start at such cute numbers on these stocks and indexes? It is surely not pure coincidence every time.

To: t2 who wrote (4323)	11/8/2001 7:53:55 PM
From: LTK007	Read Replies (1) \| Respond to of 99280

<Although Zeev's Turnips are predicting a retest of the lows, it is hard to believe it is possible given the current interest rates.> Barton Biggs,who had become bullish after 9/17 is now getting bearish again and part of his reasoning is the interest rates have been cut too hard and too fast and that liquidity problems could well haunt Greenspan down the road--in short,he has shot his wad,emptied his bullet belt, his chips are on the table and the gambling he has done is in full play,if it doesn't work,bad news. Max