SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (71514)5/25/2002 7:00:41 PM
From: john722  Respond to of 99280
 
Zeev. I Know your Scenario has the Naz Going

as far down as 1439. This fits my target of 1460 + or - 30
points perfectly. Then I have a nice 15% Bounce going into
late August. Let's see how it all unfolds................



To: Zeev Hed who wrote (71514)5/25/2002 7:26:09 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
Zeev:

The major failure of the turnips this year I think was the call for an April rally to NAZ 2100 which never materialized.

BTW amid all the talk about a mountain of money ready to pour into the market people would do well to look at Japan. Their market has been going down for many years despite a much greater supply of money in public hands relative to market cap then we see here.

One key problem I think is that the US bull market has lasted so long that not many remember what a grizzly bear is like. All the big drops since the secular bull began in 1982 have been farily brief with big recoveries soon following. But in a secular bear or trading range market, the rules that worked so well for many years are no longer operative. Most people will have to learn this the hard way unfortunately.



To: Zeev Hed who wrote (71514)5/26/2002 8:01:14 PM
From: thecalculator  Read Replies (2) | Respond to of 99280
 
<<I Really think that the April 2000 warning (#reply-13483082 ) of the coming major bear market (even though I had only 1900 as a target then for the Naz, and we got much lower), after we rally from late May to a top in the summer, was a much better call, the general opinion at that time was still quite bullish. >>

But in that message you refer to, you were calling for the bull to extend until November or until the end of the year:
<<I can summarize my "thesis" of a continuation of the bull market, past the next nadir (probably late May for a new low on the NAZ?) till about November or year end and a bear market next year >>

Instead, the NASDAQ bull ended very much sooner than that (one might say it already had ended), and instead of a continuation of the bull, the houses took the remainder of the year to viciously unload, yes?