Zeev's Turnips Patch-No Politics (ZEEV)

[marvin1946]

Every time a bear target is reached they just lower the next target another 10% or so. Much like the bulls in 2000. If the next round of lower targets are hit, i fear we will be in deflation/depression. There is no support for financial assets. The govt/fed may have to act in a dramatic way-- i cant imagine what they could do besides lowering rates tomorrow by at least 1/2 point and i dont even know if the markets would see that as bullish. marv