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


To: augieboo who wrote (58834)4/29/2002 7:44:25 PM
From: Rock_nj  Respond to of 99280
 
It's a buyers strike. That's what the problem is. Nobody wants to comit money to this market. And they won't until we start seeing some real earnings improvement. Which might not be until next year. So, we drift and have small rallies and big pullbacks......



To: augieboo who wrote (58834)4/29/2002 8:00:04 PM
From: Jeff  Read Replies (3) | Respond to of 99280
 
Uh, yeah, sorta. So far no massive terrorist attack though.

augie....if you look back at a chart of august 2001....you will see the market was in crash mode already...that big fall to 1387 was coming no matter.....the sept 11 attack just sped up the decline.....

all of a sudden...every company had an excuse for their decline....blame it on sept 11....when in fact that had very little to do with anything because the decline had already started well before sept 11...

anyway.....now you are seeing the true results of what already started before sept 11.....only this time....nobody has the easy "excuse" to save their stock price anymore....

sept 11 just delayed the inevitable....now its time to pay the piper....and no excuses..