Zeev's Turnips Patch-No Politics (ZEEV)

[Bearmove]

Jim, you know I respect you but if we've would have bet in Jan you would have lost. Yes, the odds are going to start to favor a correction soon as we move into negative seasonality but I wouldn't bet the farm in the short camp. The real estate game is over and investor money will now move back into stocks because its the only game in town. I personally hope we get some pullback because I will continue to buy. The economy should see some slowing which means the fed is almost done, another reason to be in stocks. My only major concern here is oil prices which should head north as we move into summer. So, the smart play is to buy energy stocks on pullbacks here.
As for your March 8th prediction. I wouldn't be so confident. Picking turn dates, tops and bottoms are difficult and really not worth even trying. I say just go with the trend with blinkers on until we get clear bearish signals across the board. Until then, go with the flow.