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duper_man

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duper_man

Re: Zeev Hed post# 149242

Tuesday, 09/09/2003 12:51:05 AM

Tuesday, September 09, 2003 12:51:05 AM

Post# of 704019
Zeev, interesting analysis but I don't "buy" all of it. Once the bubble burst the fed quickly came to the rescue but the market didn't respond. Foreign fund dlows dried up in early 01 if you recall.

Agree that first drop from the Sep highs will be bought at end of October. But no cyclical bull. A double top at best in Jan-Feb 04 and straight down from there.

IMHO 04 is the year Zeev, not 05. I expect most of damage will be done by 05. We'll be fixing things in 05 as we flatten out at the bottom and volume dries up.
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