Zeev's Turnips Patch-No Politics (ZEEV)

[adamsmith]

Hungarian Deciphered?

Zeev.

Thank you for your answers. All your posts are read and thorougly digested. Could you spend a few extra minutes on your answer below? Interpertation please? pinkish comps? Does that mean weak growth?

best regards

Adam


7. The market discounts it does not look in the rear view mirror. The "Nassacre" as explained in the Dec 29 forecast was to discount a second dip, that is done, now the market will try and see what is beyond a possible weak Christmas. By the time it sees pinkish YOY comparisons for next year and anticipates these (at higher prices), it will start and contemplate the need to rebuild balance sheets for both the consumer and corporate America, with another bear leg in the major Secular market suggested in my April 20th 2000 post on SI.