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

To: DebtBomb who wrote (69190)	5/19/2002 3:12:40 PM
From: 4rthofjuly007	Respond to of 99280

I think that is great news if you're long>> for a trade that is<g> There is a great deal of skepticism for a rally of any duration. I do not see the >>comp to 2500<< predictions that we saw last spring or even in Jan. of this year. I do not see many who think that a rally could even breach 2000. I am not saying that there are not many good reasons to be bearish. I am still bearish on fundamentals and valuations. I just think that it would take a heck of a rally to shake the shorts confidence that every rally is a gift to go short on.

To: DebtBomb who wrote (69190)	5/19/2002 6:44:15 PM
From: ChrisJP	Read Replies (2) \| Respond to of 99280

Doomsayers Ring Alarm Bells on Recovery "The odds of a double-dip in the U.S. economy are not nearly as low as you have been led to believe," warned Stephen Roach, chief economist at Morgan Stanley. He was a lone voice in predicting recession in early 2001 and for months, has argued persistently that a return to recession is on the way. Welllll Dale -- if this basic statement is known to be totally untrue, how much else in this story can be believed ? lol. Actually, I don't have any real issues with article, it's just interesting that it would contain such an outrageously false statement. Heck, anyone economist who wasn't able to predict a recession by Jan 2001, should find another way to earn a living, lol. Chris