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


To: t2 who wrote (63437)5/7/2002 10:19:05 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 99280
 
A rally does look to be in the cards. Futures holding up despite another big bombing in Israel. But no new bull market at this stage. People will really hate stocks as an asset class (and not just tech stocks) when the market makes a long-term trough



To: t2 who wrote (63437)5/7/2002 10:22:25 PM
From: 4rthofjuly007  Respond to of 99280
 
>>I caught the last 2 major bottoms on the Nasdaq but this does not feel anything like it.<<

That might be the point, NV<g>

I am just about as bearish on the fundamentals as anyone. But I won't let that get me locked into the idea that we are certainly heading straight down aside from shortable bounces. Could be, but definitely? I don't know about that.

For every upside target that you say you are seeing, I am seeing shorts saying how they can't wait to short this rally because we are certainly going to the Sept. lows.

How realistic is it that we can all short the market until the Sept. lows are hit or breached and buy a nice capitulation bottom?

Has trading really become that easy?



To: t2 who wrote (63437)5/8/2002 6:57:25 AM
From: DebtBomb  Respond to of 99280
 
""I recall an Intel mid quarter update a few months ago that was so bullish and stocks were rocking AH...guess what; the market tanked the next day.""
hehehehehe
Didn't MSFT have an AH's rally, then tanked the next day??