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

To: Jim Cash who wrote (13206)	12/13/2001 6:15:18 PM
From: DlphcOracl	Read Replies (2) \| Respond to of 99280

Jim Cash: Frankly, this year has been so strange, I have no clue as to whether we get December tax loss selling. I think the difficult thing is for each investor to decide whether we are in an ongoing bear market or whether 9/21 represented the lows (and end) of the bear market, with the most recent rally representing an early bull market. FWIW, Don Hays has been "pounding the table" since 9/21 that this is indeed an early bull market that has 12-18 months of "legs". I think the data coming out is still mixed, but the headline employment numbers (layoffs) are lagging rather than forward indicators.