Zeev's Turnips Patch-No Politics (ZEEV)

[Bearmove]

The only hope for a 100NAZ point drop is earnings warning season. Even then I think many will buy the dip. My personal opinion is that alot more money on the sidelines wants in. Wouldn't be surprised to see us move sideways. I'd be a buyer of dips unless we see one of 3 things. Oil prices moving back up, a surge in earning warnings or a terrorist attack. If none of those enter the picture then seasonality will rule and many fund managers need to buy going into year end. Face it, momo and froth rules this time of year.