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

To: bobby beara who wrote (12108)	12/11/2001 12:57:47 AM
From: Alex MG	Read Replies (3) \| Respond to of 99280

I don't really see that many calling for new lows, I said a while back I believe the lows are in, or at least for a good while. I did some buying in the capitulation and as usual sold too soon expecting a pullback, and didn't see this rally lasting this long. I think it would have been a much healthier market had it paused and refreshed itself before moving up this much, but of course the shorts are partly to blame for that <g> As for "al-queda being able to top 9/11", I don't think that's the problem. If you remember this market was already heading down to test and probably break the March and April lows just before 9/11. That only accelerated it... And the current market levels are pricing in an early 2002 turnaround, a V-bottom ramp up of earnings. But if you listen to what these companies are saying they are still pushing out the recovery to end of 2002, and even then how robust will it be... So, TradeTradeTrade