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


To: DlphcOracl who wrote (13945)12/17/2001 4:33:38 PM
From: t2  Read Replies (2) | Respond to of 99280
 
DlphcOracl, Excellent post!

The one thing that concerned has always been that we are in a post--bubble bursting stage (or still in it).
That may be the basis for many to remain bearish.

I just wonder if this bearish case (comparison to Japanese market bursting) is now already factored in. If everyone knows of the post bubble flat market stages, it is hard to believe that the market will actually follow that pattern.
Too many could be expecting it.

That could explain why we hit record short interest on the Naz almost monthly.

Maybe, I should not be concerned with this post bubble worry.<g>



To: DlphcOracl who wrote (13945)12/17/2001 4:58:16 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
DO: Re: "This is NOT to say that the Nasdaq will not have sharp (20-35%) corrections."

Let's see... a 35% correction from 2000 brings us to Nasdaq 1300. Now that is a bull market any bear can live with. Long live the bull.



To: DlphcOracl who wrote (13945)12/17/2001 5:04:13 PM
From: stomper  Read Replies (2) | Respond to of 99280
 
I just can't reconcile that with the fact that Maria Bartiromo called "the" bottom on the Tonight Show back in September. May God help us all. -g-

-dave



To: DlphcOracl who wrote (13945)12/17/2001 5:36:30 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
You must be reading challenged if you assume I am a medium term bear here, you may want to reread some of my posts. When everyone was wetting their pants with "bear urine" I consistently wrote here from September 17th on, "the low will be in by the end of the week (September 21st)", furthermore, if you account for the 4 days of no trading, you ill see that long before the disaster, I had Sep 17th or so as the low of the bear move (I had a target 1600, with 1400, if 1570 is breached, but this extra 200 points excursion, was IMTO, caused by exogenous circumstances). Just because you are trying to "paint" me as a bear does not make it so.

Zeev



To: DlphcOracl who wrote (13945)12/17/2001 8:24:42 PM
From: Mark Johnson  Respond to of 99280
 
<<P.S. to Zeev: You've got to stop watering the turnips with bear urine.>>

Excellant post....!!!!!!!!!.....especially the above statement....



To: DlphcOracl who wrote (13945)12/18/2001 12:10:41 AM
From: At_The_Ask  Read Replies (1) | Respond to of 99280
 
Nazdaq 2100 is only 120 pts. away. Thats not much of a bold prediction. I would expect something more presient from an oracle such as yourself. Although it's difficult to argue with your flawless logic. The market has been going up for three months; therefore it will continue to go up forever. The PE on the S&P 500 is 39. What a bargain. Yielding about 1%. Not much reward for your risk there. Oh I forgot there isn't any risk because markets only go up forever. You my friend are a contrarian indicator. The reason why is because you don't understand basic methods for valuing an investment. The bear market will be over when you and others like you are broke and are afraid to invest in equities.



To: DlphcOracl who wrote (13945)12/18/2001 1:52:33 AM
From: Math Junkie  Read Replies (1) | Respond to of 99280
 
"This thread (and most of the internet threads, I might add) remains one of the best contrarian indicators."

Three months seems like an awfully small data sample on which to draw a conclusion like that.



To: DlphcOracl who wrote (13945)12/18/2001 2:05:49 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<I still beg to differ and maintain that we are in the early stages of a bull market that will last 18-24 months. This is NOT to say that the Nasdaq will not have sharp (20-35%) corrections; however, these will be normal Nasdaq corrections within the context of a bull market.--( rubbish i say,max)--- Heck, we had these from October 1998 through March 2000>Delphi you will be embarrassed by this post in months ahead.I am now putting in my save file to retrieve at the right time.
Enough said.Max p.s. also the in bold part is a statement that staggers my ability to comprehend your logic--that statement is so wrong,it defies response(that is not normal,but is the measure of a tormented secular bear market)