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


To: bobby beara who wrote (14004)12/17/2001 7:51:26 PM
From: sylvester80  Read Replies (1) | Respond to of 99280
 
You are forgetting the January rally also left everyone flat footed. I remember like yesterday all the screaming on CNBC how the Jan rally left everyone flat footed. Doesn't look too flat footed now, does it?

It's amazing to me how certain people forget history only to end up repeating it. sheesh....



To: bobby beara who wrote (14004)12/17/2001 11:48:59 PM
From: LTK007  Respond to of 99280
 
<also the rydex traders are scared poopless, and jump on tempest and cash at any sign of weakness> that is a good indication that this bull move isn't complete.I am actually conceding the trend is still up,and am thinking this could go on with bits of weakness well into January.
"regards the market going to hell in a hand basket".
Basically my hypothesis for now is market has guessed wrong on its timing and when it realizes that there will be a rush to take profits which breaks us into a downtrend that i will just for now classify as "ugly".
But,overall,for various reasons am siding with Laszlo Birinyi,that this will be one hell of swing-traders market for a decade ahead and LTBH investors will know intense frustration at minimum.But i think hell could arrive around 2005 however--but these are conjectures(and depends a lot on Boomer behavior and/or financial health of same)--that be a few of my opinions.Max