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

To: Crimson Ghost who wrote (26646)2/4/2002 11:14:31 AM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
Yes, but the future on the NDX were already at -18 or so, I thought it discounted pretty much the overseas' decline. My "model" still has us attempting to get above 2000 (probably to be stalled in the 1940/60) before we go into the sub 1800 area, thus the deployment was "logical", though, quite wrong. Right now, it looks as if I bailed at the bottom here, but I'll wait a little longer before redeploying. In the meanwhile, an old favorite is approaching the September's lows here under $17, GMST, I doubled up at $16.87.

Zeev



To: Crimson Ghost who wrote (26646)2/4/2002 11:26:51 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
Cliggott has now stated a forward P/E on SPX500 based on his earnings projections at 59-1--states there is simply is no pent up demand,in fact the buying binge in housing and autos is going to signifuicantly cool off by 2nd half.


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