Zeev's Turnips Patch-No Politics (ZEEV)

[SantaCruz]

DrStool Posted: Oct 24 2003, 04:42 PM
Chief of Stock Proctology
Group: Admin
Posts: 18979
Member No.: 21
Joined: 2-February 01

Look at this panic. What a joke.

I agree with Downtick. All the histrionics and gyrations notwithstanding, the market closed down today.

Nowhere in my work was a big down called for. The MSFT selloff was manipulated, as was the late short covering panic. It means NOTHING!

NOTHING!

The market is finished, but the Street has more stock to distribute. Get the insiders out and the public in. This takes time, and it takes manipulation. That's their business. It's what they do. Stop acting like it's some big damn conspiracy. It's not a conspiracy. It's just their business. This is the way it works and has always worked since the first stock market in Amsterdam 400 years ago. Go read Confusione de Confusiones and you'll see. There is NOTHING new here.

Stop expecting the big dump right now. It's just too soon. Listen to K Wave Rider. The market has to first work its way lower. That will be a gradual process. Be patient, keep the faith. Dip buyers are going to the slaughterhouse one of these days. Anyone who holds longs overnight should be damn scared. One of these late short covering boner runs is gonna open up 20 Spoo points lower on a Monday morning and never look back.

Maybe this Monday, maybe not.

Sleep tight, bulls.
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