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


To: Zeev Hed who wrote (5369)11/13/2001 8:32:29 PM
From: Kayaker  Respond to of 99280
 
The trigger for a retest will probably be preponderance of preannouncements of one kind or another, or another external event ( bankruptcy of a manjor airline, a bank in troubles because of excessive derivatives gone wrong, or whatever the excuse of the day might be).

I guess that's what I've been wondering, i.e., would it require a trigger, and what would it be? But of course, you're right, any 'excuse of the day' seems to fit when the market wants to go down. Patience and discipline -- you're better at it than most. Thanks for your insights, and for your incredible generosity.



To: Zeev Hed who wrote (5369)11/13/2001 8:50:16 PM
From: Nancy  Read Replies (1) | Respond to of 99280
 
zeev,

no bankruptcy from airlines thanks to government's generosity. America West just applied for the guaranteed loan of 400 millions. :-)

rental car company though, we have the first bankruptcy filing, parent company of alamo, national, just filed bankruptcy. not a trigger. because they are not tech company. lol.



To: Zeev Hed who wrote (5369)11/13/2001 9:49:05 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99280
 
Zeev, one thing has changed since Sept.9 the cost of doing business is higher. A company that had marginal profits during summer is in the red now...... even wiht some dales growth.

Not even 0% interest rates can add to the earnings of a company with operating losses in this case may transportation / tourism / hospitality and high tech companies.

BWDIK
Haim