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


To: exp who wrote (32019)2/21/2002 9:02:40 PM
From: Smart_Money  Respond to of 99280
 
It scares me how confident MANY people on this board SI only has only a handful of good active threads now, all the others lost their money and put up the toys. Posters here and just a few other thread are the Cream of the Crop.



To: exp who wrote (32019)2/21/2002 11:04:33 PM
From: Justa Werkenstiff  Respond to of 99280
 
EXP: I agree with your thoughts. Bottom targets continue to be ratcheted down here BUT most everyone seems to think that there will be a sucessful retest and that this will be the end of the bear market and we go onward and upward. Yet as you point out, there has been so much complacency on this down that I don't see this happening. And like I said yesterday, nothing short of a breach of the lows seems to be capable of getting the fear raging again. That is why I am calling for new lows on all the major averages.

I don't see a sustained turn around after 30 or even 100 points more at this point. But I do see the usual bounces here and there at support levels.