Replies to post #152315 on Zeev's Turnips Patch-No Politics (ZEEV)

[market_watcher]

Hey, Deuce, I was posting something that had some relevance to what you said about there being 'no reason to be bearish' because whether we're in a bull market(I take it you think we are)or not, if the consensus view becomes that there's no reason to be bearish, the market will correct hard, regardless of whether you or other bulls think it should or not. It's always that way.

I don't know what your point of using all caps is. You're not talking to a child here and I have no problem going long or short.

I'll even go out on a limb right now, and hopefully save my reputation from being lumped in with the 'dumb ass bears', or, as you call them, the 'DUMB ASS BEARS', and say that this rally, with a fairly major correction(50% retrace of the move from the March lows)along the way, will last into next spring. I'm looking for a 50% retracement of the S&P top to bottom and it should take 50% of the time that the drop from the 2000 top took. That's what the charts tell me at this point. The remaining question in my mind is when the correction starts.

[TJ Parker]

WE ARE IN A BULL MARKET

nevertheless, we're in a market. there is such a thing as value, after all. if you hear that retails owners of nasdaq stocks are going out significantly on margin now, that should be telling someone participating in this market that these 'reluctant sellers' are actually weak hands. if you want stock, and you want it at a lower price because you're bullish on the economy and the market, then you can shake them out. look at the hui over the last two years.

but to continue this buying panic with so many highly leveraged ... that's just piling turtles upon turtles.