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

To: bobby beara who wrote (42036)	3/19/2002 10:30:49 PM
From: TraderXx	Respond to of 99280

LOL...

To: bobby beara who wrote (42036)	3/19/2002 10:44:29 PM
From: Casaubon	Read Replies (2) \| Respond to of 99280

BB, I know what you are saying but, are you buying the revisionist recession talk. I mean, really, no recession?! I guess no job losses either. Hey and the WTC attacks; that was actually good for the economy. Arthur Anderson...bang up accounting work; oh yeah, it was an isolated incident. And that $300 fed refund isn't going to go right into the state budget cause of the shortfall here. Pant, pant, pant, treading water. PS Good news, I can still get a mortgage and throw it back into La Machine.

To: bobby beara who wrote (42036)	3/19/2002 10:46:31 PM
From: 4rthofjuly007	Read Replies (1) \| Respond to of 99280

>>ya, with consumer sentiment, manufacturing, unemployment, etc turning up after a two year retrenchment, the fed changing bias from lowering rates to neautral, commodities breaking the bear channel from the october 00 top.<< And I don't suppose that the market is pricing the above, is it? Oh yeah, it is>>bigtime. Current Wall St. stock allocation model at historical highs. S&P trading at what is it now? 24X How sure are you that this "recovery" sticks? Are we recovering from sept. 11? Sure. Is the economy still staggering from over capacity in tech and perhaps meandering towards a "double" dip with the consumer leading the way this time? Maybe. With current consumer debt levels and the refi boom done, what is going to keep driving the dow? Is anyone sure that INTC earnings are going to grow from 65 cents to 1.00 by 2003? The stock sure is pricing it that way. A market priced for perfection with interest rates headed up and debt loads maxed out. I agree that there is a time to be long and a time to go short. Guess what time it is.<g>

To: bobby beara who wrote (42036)	3/19/2002 10:58:58 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Bobby, aren't you short the SPX right now? My great grandma used to call that the pot calling the kettle black, and I never did understand that.

To: bobby beara who wrote (42036)	3/19/2002 11:04:26 PM
From: t2	Respond to of 99280

deleted

To: bobby beara who wrote (42036)	3/19/2002 11:05:19 PM
From: t2	Respond to of 99280

what are there like 2 or 3 bulls left on SI after the last two years? Good one. Now the bearishness is on the DOW along with all those value stocks that have gone up too high. So basically we have consensus that the value stocks are now too expensive and the tech stocks are already at bubble valuations. The banks are going to be in big trouble, starting with JPM. The P/C is low; the VIX, VXN is heading to extremely low levels. With all this happening, why is it so hard for me to be bearish on the market? Way too many traders are thinking like this. The individuals are still pumping money into the stock and bond markets; some indexes are hitting highs. As I see it, mutual funds have raised too much cash during the Nasdaq declines (some to cover redemptions) of this year--especially the tech funds....that is a hunch. I also think the Nasdaq is overvalued but it looks too good for a long trade right now, imho. jmho.

To: bobby beara who wrote (42036)	3/20/2002 6:53:45 AM
From: Rich1	Respond to of 99280

Booby welcome to the Turnip Thread..<gg>