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: DebtBomb who wrote (96644)	7/21/2002 11:04:04 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

Dale, I don't disagree with you on that, I have been saying that for the last two and a half years (see-#reply-13483082 "Once the three forces cited above combine to break the bullish psychology of the market, then we could be ready for a bear market, and not a three months severe correction. These are some of the major reasons my long term outlook is a market locked in a trading range of 6000 to 13,500 on the Dow and possibly a range of 1900 to 5200 on the Naz. It will take a good many years (five to ten, maybe 16 like in the 1966 to 1982 period?) before the growth in earning finally catches up with current valuations.", and I keep readjusting the Naz projected lows, I readjusted to 1600 or so during the first rate cut in January 2001, and then in the summer of 2001 to 1400, more recently I was forced to further readjust my over optimistic views on that elusive bottom to around 1150 or so, and more adjustments may follow <g>). That long term view of a secular bear interrupted from time to time with violent bull moves has no changed. So far, since then we got four such violent counter trend moves, I know not how many more... Zeev Zeev