Replies to post #110425 on Zeev's Turnips Patch-No Politics (ZEEV)

[lee kramer]

Hi ajtj99: I do daily battle with the MM's, among others. They, the specialists, the analysts, most of the Street exist to take my money. And yours and others. But I will wager, and give you 7 to 5 odds, [5 cents will get you 7] that the COMPX has put in a bottom despite how awful the economic/financial mess seems to be. At the least it will be interesting to see how it all unfolds.

[orion.colorado]

OT: AJ--Thanks for pointing out the Harmonic Analysis at the DailyDueDiligence site. Followed it, signed up.

CO

[Emptyhead]

aj

I agree with 100% TA wise. The problem with TA here is the hand the FED places on the table. I see politically fiscal policies in place to create a "no other alternative for an investor to do" scenario. Weather you like it or not you are being played/forced/coherced into doing what you might otherwise do. All this,of course,to fix our fiscal woes. Now,should the outcome of such policy not materialize as quickly...then we correct a bit,to blow off some steam,but then onward and upward towards elections 2004. The end game is 2004 or nothing.

[WinLoseOrDraw]

it is possible all the major indexes have put in numeric bottoms. i completely agree the overarching bear is not complete, but we could have markets going up 1% in a year in a 7% inflation environment and have everybody making money in the market but being able to buy less and less with the "winnings".

october may have been "it", in non-real terms.