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

To: LTK007 who wrote (65982)	5/12/2002 8:49:08 AM
From: nsumir81	Read Replies (1) \| Respond to of 99280

Think M.E. is not the underlying problem. The media likes to focus on this and other extraneous factors imo. It's the Economy and individual companies, ....!

To: LTK007 who wrote (65982)	5/12/2002 10:51:12 AM
From: t2	Respond to of 99280

i am now viewing the latest M.E. developments as the litmus test of do we rally for a June massacre or simply go to new lows before May is done. A failure for spinsters to move market on this development will show that M.E. worry is NOT the underlying market problem. The only thing that seem to be affected by the middle east is oil. Some will try to connect the ME to Gold. I doubt that can be done as the dollar weakness is the real driver for Gold prices. Nasdaq still looks to tumble; any ME good news might suck in a few more buyers (wonder if there are any left <g>); then the drop.