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

To: Gottfried who wrote (94130)	7/13/2002 2:09:15 PM
From: LTK007	Read Replies (3) \| Respond to of 99280

If you are thinking the bear is over because more don't think that, sorry, bear is not over:) For the Bear to be over you need a massive shift to bearness, as huge as the shift at the boom height to bullness. I still hear far too many people saying, things will be fine, the worst is over, the bottom is in. Investor Confidence remains FAR too high in the CC number to signify a massive shift. You a need minimum a level below 60, and, in this severe Bubble Aftermath, i would say CC number need come in well below 50. Before the pendulum has swung. It was a supremely rational act to buy the DOW at 40 in June/July 1932(that is IF you had any money to buy with)and then down 95% from the day before the crash in 1929. Now is still a bear in the making , so i feel one either should attempt to increase capital with swing trading, or simply preserve capital in a safe investment vehicle. As ONLY those with money will be able to buy when the pendulum has completed its' swing.Max