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


To: Alex MG who wrote (12115)12/11/2001 1:13:02 AM
From: bobby beara  Respond to of 99280
 
Message #12115 from Alex MG at Dec 11, 2001 12:57 AM

I don't really see that many calling for new lows, >>>

there have been many calling for new lows during this whole rally,

the bears have had their feast and should have left the table a couple of months ago,

while the trajectory of the rally of the bottom is unsustainable, the calls for a major retrenchment is also unsustainable, it would give too many left out the in that they want,

i suspect we get a trading range around these levels for a few months.

b



To: Alex MG who wrote (12115)12/11/2001 1:28:11 AM
From: LTK007  Respond to of 99280
 
i concur,the call for new lows in the near term collapsed about a month ago.The most common new lows call i suspect are most concentrated in the March/April area but we have a few January/February campers.Max



To: Alex MG who wrote (12115)12/11/2001 6:00:54 AM
From: Justa Werkenstiff  Respond to of 99280
 
Alex: Re: "As for "al-queda being able to top 9/11", I don't think that's the problem."

Neither does the market. We are a mere 4.3% above where we closed pre-attack on the S & P 500 and after all those post attack rate cuts by Alan G and the defeat of the Taliban and Al Queda. If all that is only worth 4.3% with the sentiment numbers near or at bullish extremes, then there is something else going on here.