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

To: TraderXx who wrote (71530)	5/25/2002 7:50:53 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99280

If you think we have seen capitulation, look back at 1974-75. That was real capitulation. The public dumped stocks and mutual funds for years. What we have seen so far is just a warm up for the real thing. Only the NAZ has been decimated -- the rest of the market is not much off its highs and valuations are exponentially higher that at previous major troughs. More rallies -- of course. But a new bull market? Not even close.