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

To: Night Trader who wrote (96899)	7/22/2002 3:54:45 AM
From: LTK007	Read Replies (1) \| Respond to of 99280

US Dollar is making a strong early move as Euro and Yen making strong down moves. Maybe this is where the intervention to hold the fort is going to take place. Perhaps a mass of high level phone calls got an accord to pump the dollar, and lower the yen and euro-i don't know!(vbg:). Just wondering how quaint to see this opening action in the currencies.At time of this post dollar was up 39cents and yen euro down 44cents and 38cents, last quote for dollar i got was 104.81. We will see how this plays out. Max

To: Night Trader who wrote (96899)	7/22/2002 9:46:05 AM
From: Softechie	Read Replies (2) \| Respond to of 99280

80%-90% of households still owning the overvalued stocks pumped by Da Crooks in 90's...majority of they haven't capitulated yet...

To: Night Trader who wrote (96899)	7/22/2002 11:26:29 PM
From: Psycho-Social	Respond to of 99280

Stock Fund Outflows: Periods of heavy outflows from stock funds have always been good buying opportunities in the past, although the precise pinnacle and trough is only apparent with hindsight. This Bear Market has violated some historical precedents, such as the "inevitable" Bull Market that starts during a Recession, then gathers steam as the Recovery starts. I trust the contrarian nature of Mutual Fund flows will remain in effect. My leading indicators suggest that we probably can't start a good long-term Bull Market just yet, but could have a decent multi-month intermediate move. Long-term Nasdaq Market expectations are dropping again, indicating that index can only have a short-term rally. I just put the last 12% or so cash into an Equity-Income fund, so I'm 100% invested now. We should be higher 1-3 months out, and I'll be selling at higher levels,as the pessimism abates and Stock Fund flows turn positive again.