Zeev's Turnips Patch-No Politics (ZEEV)

[mike_m]

I suppose it is not such a painful process to be wrong about the direction when the cost is only missed opportunity, Zeev. But you have steadfastly clung to your market forecast as the lines of demarcation continue to be crossed. Is there a Rubicon that forces you to reassess your bearishness or does this positive breadth against low volume hamstring one to the sidelines...(I realize you are doing some trading) indefinitely.

I actually find the low volume to be consistent with the possibility of a new cyclical bull. Bear rallies and Bull consolidations are generally on sharp moves with large volume. Bear markets and bull markets tend to begin with a whimper rather than a BANG.

Not yet ready to call this one, however, per a previous post, am not surprised that this has rallied much further than you were expecting.

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