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

To: Zeev Hed who wrote (5347)	11/13/2001 7:19:13 PM
From: Kayaker	Read Replies (2) \| Respond to of 99280

Zeev, not that I'm inclined to question a patch of turnips (or even rutabagas), but if we are to have a 400 point (or so) drop, I don't understand what would sustain it, i.e, what change in psychology, or fundamentals, or events, or whatever would keep the market going down for 400 points? Sure, the Nasdaq has probably run a bit too far too fast, but I don't understand what would/will counter the current factors, i.e., positive psychology, low Fed rate (going lower?), liquidity, progress in Afghanistan, trillions on the sidelines, demise of the 30-year bond, forecast of a recovery 3-6 months out. Perhaps if you could just provide me with a guest pass to the temporal gateway I could go check out late December for myself?

To: Zeev Hed who wrote (5347)	11/13/2001 7:25:27 PM
From: LTK007	Respond to of 99280

Just back from analyzing CBS-news per possible market action. War news so positive,and statements suggesting bin Laden might be caught sooner than expected could well keep the juice going on the rally. As i already noted NDX100 closed just below it's Major resistance point of 1582---there's your key. Also,after processing the data on the AA587 crash as known at this point i now feel sabotage IS more likely than not,and engine failure was at the END of a chain of events that started in the Tail Section,IMO,only. Regards Greenspan post 9/11 action,concur,he did what had to done in a clear-cut emergency emanating from a totally unnatural event.I guess my argument pertains to all the times i feel Greenspan over-reacts to natural events--that is where i still see trouble. Max