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

To: TREND1 who wrote (8376)	11/27/2001 1:34:22 PM
From: Alex MG	Read Replies (1) \| Respond to of 99280

I will not chase overvalued stocks, I don't see the market breaking and holding above the 200dma... I am neither a bear or bull, I'm a trader that has respect for historic valuations.

To: TREND1 who wrote (8376)	11/27/2001 1:36:43 PM
From: Robert New	Respond to of 99280

QLGC/STOR breaking out here...up on solid volume in comparison the the vol on recent pullback.

To: TREND1 who wrote (8376)	11/27/2001 1:37:11 PM
From: Monty C	Respond to of 99280

Larry, Congrats on your buy and double congrats on holding this long.. wow!EMLX and BRCM -amazing monty

To: TREND1 who wrote (8376)	11/27/2001 2:12:00 PM
From: LTK007	Respond to of 99280

my answer to your question to ALEX:)--just read Buffets superb presentation in Fortune Magazine and he said anyone expecting more than 7% annual yield on equities are kidding themselves and are still looking in the rear view mirror back to the bubble where equity value was 200% of GNP(a high danger level--<70-80% a low risk area>).But now Buffet gives a figure of 133% and that was BEFORE this run,so we can conclude that 133% has significantly increased. I understand this run-up but it is running itself exactly into the trap that it just left behind. I remain firmly,in the long view,a bear.But do in no way ignore your TA of the Trend is your Friend--you have done excellently,i congratulate you!Max