Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Not sure about that, even as we rallied post Katrina, the market refused to print excess optimism, so maybe the bull might have a little longer to play, now that we had three consecutive days of retrenchment. Medium term, I am still with my July bear call (and we are really essentially at the same spot that call was made, as of the close today, just 6 Naz points below...)