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


To: JustTradeEm who wrote (6375)11/17/2001 6:21:50 AM
From: DlphcOracl  Respond to of 99280
 
JBinPA: Thanks for the correction. I was relaying the information as it was given on Sy Harding's "Street Smart Report". Harding if one of the better market timers, although he focuses on intermediate-term rather than short-term trends.



To: JustTradeEm who wrote (6375)11/17/2001 10:59:10 AM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
So, the count is now 40 out of 48 years (are we not missing 2 years?). In any event, this year is sure not your normal year, January was up, thus according to the same almanac, the whole year should be up (at least on the Dow), but I doubt that will be the case. Thus maybe, just maybe, we end up with the seasonal strength being overcome? Last week's debacle in the bond market will sooner or later have a negative impact in the stock market as well. We may even have some hidden problems with the bank's derivative activities. Note the slight "topping" action in JPM and to a lesser degree in C.

Zeev