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


To: AD who wrote (45133)3/29/2002 10:09:55 PM
From: Frederick Langford  Respond to of 99280
 
The ECRI Weekly Leading Index (WLI) continued its upward
trend this week, rising to 122.7 from 122.2 the previous week. The WLI’s
six-month growth rate, which is a good indicator of the index’s
trajectory, increased to 4.6%, its highest rate since early-2000. Recent
trends in the WLI are signaling that recovery is well underway, and that
economic expansion should continue in earnest over the next several
months.

Message 17262798

Fred



To: AD who wrote (45133)3/30/2002 3:37:50 PM
From: 4rthofjuly007  Respond to of 99280
 
>>Liquidity analysis says that regardless of the belief that the future will be better,
corporate investors are not acting as if that's the case. Corporate investors are
very heavy sellers. And since that has never before occurred at a market
bottom but almost always at market tops, we are bearish.<<

So I see a "never" and an "almost always". I like simplicity. I'll stay short the NDX until we see signs that a solid bottom is in or something like a higher S&P high on a lower vix low.