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


To: DlphcOracl who wrote (14075)12/17/2001 11:37:16 PM
From: Patzack  Read Replies (1) | Respond to of 99280
 
D.O., with all due respect...
"Steep corrections in overvalued tech stocks which have moved 100-200% over the past 3 months due to momentum players pushing them to unwarranted heights is an entirely different matter."

But how many tech. stocks have not done that??



To: DlphcOracl who wrote (14075)12/18/2001 12:03:55 AM
From: TREND1  Respond to of 99280
 
So the Fed model means nothing to you?



To: DlphcOracl who wrote (14075)12/18/2001 3:43:57 AM
From: Math Junkie  Read Replies (1) | Respond to of 99280
 
"Nasdaq has cleared its 200-dma for the second time in two weeks, both times on decent volume."

Are you concerned at all about the fact that the S&P 500 has failed to get above its 200-dma?



To: DlphcOracl who wrote (14075)12/18/2001 5:13:25 PM
From: LTK007  Respond to of 99280
 
DP--you should have started with this post you made and left the rest to die before using the keyboard.
Point is--bull/bear debates collapse into meaningless chaos of verbal inanity if it departs from data and economic conceptions.
The two biggest arguments i maintain against the bull-case is the near pathetic dependence of our economy to the consumer on the one hand and the double the danger strategy,pump up and maintain lunatic evaluations in the stock market so the consumer keeps spending. That is one hell of a way to create a crisis of devastating magnitude.
i maintain that the bull's can not see beyond Peter Lynch's nose(which is about 20 years long). i cast now out this tidbit AGAIN as per Warren Buffet's research,and that is in the last century 44 years fell into Secular Bull terrain and 56 years fell into Secular Bear terrain.
That this pendulum has swung is my belief ,and that 20 year event is history.Bulls,it happens,this has nothing to do with doom and gloom,it is called reality.Max