Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

<I only believe in business. If business is good then the market will react to that and so will investors. If business is bad or as it is now increasingly looking even worse then who would want to own stocks. There is no point.> i can only say PLEASE study Warren Buffet on this issue. Warren Buffet's investing style is built on your premise being wrong, and Warren has done fairly well in his 50years of investing
And here is a factoid, ONLY one othertime in history did the market have a sustained period of supporting a P/E trailing of 22-1 and that was in the 20s. Our present trailing P/E is 33-1. Now Limtex read this, if you do not read this i will never respond to you again.(VBG:)
It is vital material. http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=205324 Buffet speaks out on matters he rarely shares.
Also your demand for capitulation precision will be met when the P/E trailing drops to bear market evaluations(but that could be between 15-1 to as low as 6-1:)
If you are looking for an exact formula that tells you the exact moment of final capitulation give up, as it does not exist.
We have explained before this CRASH is in slow motion, people keep waiting for a crash and they couldn't catch on THIS PROCESS is the crash.
We will have intermediate term capitulations until this is over.
In 1929 the market was down OVER 80% AFTER the crash.And it took 35months to get there.
When one enters now is extremely dependent on one's age, this is a major variable.
Bear market evaluations occur because the economy is improving but people still are not buying.
Max