Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: AD who wrote (76347)	6/8/2002 2:04:04 PM
From: augieboo	Read Replies (1) \| Respond to of 99280

Frankly, I don't know what scenario could move the market steadily higher anytime soon. I'm beginning to think that the only thing which can get through to a lot of people would be a string of really big bankruptcies or a Nassacre that far exceeds the Turnips' worst fears. Otherwise this thing is going to ooze along like an iceberg, destroying everything in its path, but doing it so slowly that hardly anybody notices. JMHO.

To: AD who wrote (76347)	6/8/2002 2:08:47 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 99280

There are other factors that are keeping people from dumping stocks Real estate prices have surged and this has undoubtedly offset the pain of stock market losses for many folks. Of course when the real estate bubble bursts, we have the potential for really heavy stock dumping by a scared public. Quite a few long-term investors still have substantial capital gains in non-retirment accounts and do not want to pay capital gains taxes on them.

To: AD who wrote (76347)	6/8/2002 2:39:20 PM
From: DebtBomb	Read Replies (1) \| Respond to of 99280

""Frankly, I don't know what scenario could move the market steadily higher anytime soon."" Well, you're not going to make any friends saying stuff like that, hee hee. You doomer and gloomer, you. ;-)

To: AD who wrote (76347)	6/8/2002 3:17:16 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99280

AD reFrankly, I don't know what scenario could move the market steadily higher anytime soon. , however, as Larry's paradox states, "a down trend has a very high probability to continue, however, there is 100% probability that at some point it will reverse", the scenario you seek is that 100% probability that the trend will reverse (g). As we are going into, what I consider, the last three weeks of the Nassacre, it may be time to look beyond the valley of despair and try and discern what are going to be the catalysts for a reversal, or at least a short term 4 to six weeks explosive reversal. One must get ready to get out of this bear suit (gosh, it has been long on) and think of those shiny bull horns again. Zeev