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


To: Zeev Hed who wrote (57507)4/26/2002 6:58:02 PM
From: Mark Johnson  Respond to of 99280
 
Yeah right LOL.....all you missed was the "powerful spring rally"........repetitive prognostication makes you look "stupid"......



To: Zeev Hed who wrote (57507)4/27/2002 9:31:08 AM
From: Tom Pulley  Read Replies (2) | Respond to of 99280
 
Re: <There is a potential of BTK breaking a major multi bottom area, and the SOX going back under 400, that can take the Naz down hard.>

Zeev, I know you are forecasting a double-dip and if true the market will be a traders market until that is over with, but I can't see it. What economic indicators do you see that lead to this conclusion or what other reasoning gets you there?

My view is that this is a pretty good opportunity for establishing longer term positions since..... interest rates are low, fed valuation is OK, economy is steadily bouncing back, future inflation gauges are benign, indexes are at or near support levels......

Message 17392180

Everyone I talk to is negative on the market once again and plenty of negative press:

Reuters Finance News
Stocks Sink, Worst Week Since Sept. 11.........http://www.siliconinvestor.com/headlines/financial/20020426/439377.html

Since you are right more than you are wrong, I hate to bet against you without at least fully understanding the reasoning behind your long term picture. Short term, I can't compete with those turnips so I've given up trying to figure them out.

Tom

And to the thread in general, can someone give me some instuctions on how to italicize....I think I'm the only idiot on SI who still doesn't know how.....and there are quite a few idiots out there!(vbg); but not on this thread of course.