Replies to post #236449 on Zeev's Turnips Patch-No Politics (ZEEV)

[Dances-W-waves]

Allow me to say my 1/2 cents worth. <g>

His turnips have been spot on for quite some time now. He admits, it's been a nice streak and they could be wrong at any time. All he has to be wrong though, is this one last bull run into summer , and then .... he's right back on track for a bear market...a long one....

So if we do not get this "last bull run to new highs" the turnips have called for, then his record is still pretty good, and the bear he's calling for in 05 is just a bit early. <g>

At least that's my take on this situation.


http://www.investorshub.com/boards/board.asp?board_id=2299

[Zeev Hed]

I have said for quite sometime now that the last leg of the bull will be led by the BTK, see #msg-2919505, #msg-2712943, #msg-2646141 and for instance from early March #msg-2503472. In Mid february I penned this #msg-2382664, suggesting that the decline will take the BTK to challenge $500, it bottomed at $501.80, and then make new highs (it just did today). On the SOX I had us going to the $460 area, and we got a little lower, to a close of $459. Not too bad.

We have not changed the upward trend , IMTO, but I love the angst I hear around here, now I am no longer in a china shop full of bulls, and that feels muh better. By the way, I have gone to bed with less than 5% cash, that tells you how bullish I really feel about this market.