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


To: Psycho-Social who wrote (9465)11/30/2001 7:48:01 AM
From: Softechie  Read Replies (3) | Respond to of 99280
 
Pscyco, May be you can give catalysts for the bull market? IT spending will not ever be the same like 1997-2000. They blew their wads on those years preparing for Y2K and internet. Right now what's holding up the market is consumers and their sentiment is coming down with so many got laid offs. Give catalysts and we'll talk about bull market.



To: Psycho-Social who wrote (9465)11/30/2001 9:09:13 AM
From: Boplicity  Respond to of 99280
 
another person that gets it. thanks

b



To: Psycho-Social who wrote (9465)11/30/2001 9:11:42 AM
From: Alex MG  Read Replies (1) | Respond to of 99280
 
"...This time, the Sept 11th events, the week-long market closings and the anthrax scares combined to distort Market action and create artificially low stock prices that were not responding to the business/economic outlook..."

That's BS... The market WAS responding to the business/economic outlook. The day before the attacks the Dow had already said bye to 10K and the NAZ was 1680 and on it way to testing and probably breaking the April low... The attacks only sped up the process, and now we're left with the same weak economy and unwinding of the biggest debt driven mania driven bubble in history. This is not a healthy market. It needs a healthy pullback in order to take it a leg further upwards, before the shit hits the fan once again probably next spring/summer.



To: Psycho-Social who wrote (9465)11/30/2001 9:15:54 AM
From: sylvester80  Respond to of 99280
 
You are wrong. That's not how bull markets get started. Nasdaq will retest its lows and for that you can be sure of.