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

To: Zeev Hed who wrote (4669)	11/11/2001 7:55:16 AM
From: Crimson Ghost	Respond to of 99280

Abelson is just quoting Greg Smith who is kind of neutral on the market, not really bearish. BTW Abelson has been much more right than wrong the past year or two. He even turned short-term bullish near the September bottom.

To: Zeev Hed who wrote (4669)	11/11/2001 8:55:48 AM
From: WTSherman	Read Replies (3) \| Respond to of 99280

Zeev, Abelson was such a long time bear that I don't find him very useful as a "reverse barometer". Much better for this purpose is James Cramer. This guy is just about NEVER right. When the NAZ and techs had gone into the stratosphere(4000+) he kept up the drumbeat of "its different this time". When the same group was crumbling two or three months ago he was predicting much worse to come in the short term. Bottom line is that Cramer is the ultimate "fear/greed" barometer and has a near perfect record for failing to predict what's going to happen next. Only problem is I can't find his ravings as easily as I used to...