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johnny77

05/08/04 1:15 PM

#241806 RE: Bearmove #241803

Bear,what are the lows you are looking for in the indices in the next 6 months,could the lows of Oct 2002 be breached ?? TIA
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Zeev Hed

05/08/04 1:48 PM

#241815 RE: Bearmove #241803

I don't know where you get your data, I was bearish last year from mid April to mid June, since then bullish with short term retrenches here and there including the retrench call to 1842 last October. Removed my horns early January and stayed with the bear suit till 3/24, as per map. On the last main bottom 3/22-3/24, you were saying don't buy (#msg-2655200), you almost turn bullish the next day suggesting to get ready to buy (after the close on 3/23) but then the next day (3/24)you still suggest waiting for much lower prices (#msg-2672132). The next day, we are what 60 points higher (I could not find an all out get out their mortgage the house, but neither do suggest mortgage the houses for stock <g>)? I tried to find out what was your stance on the market near the top in January, but could not find anything definitive one way or the other. People living in glass houses....

I don't see what is your problem, by the way, more often than not, our views on the market are quite close with few times when we diverge. Are you suggesting that last October lows (1842, the old "line in the sand") are going to be taken before we make another sizeable attempt up? If so, it would e nice to have a clear statement like "Run for the Hills", the major bear is back and 1842 will be taken out before 2000 is seen again, or something to that effect (g).