Replies to post #292735 on Zeev's Turnips Patch-No Politics (ZEEV)

[opnion]

Bear they are likely signalling a 6 - 9 month rise of some type. So far I see nothing to change my mind that the $spx won't touch 1375 within the october 2005 quarter, if not before.

[gtober]

I guess that's a possibility. What would fuel a growth surge in the face of rising interest rates? Might need another war, and I'm quite confident that is an unpalatable path for the average American.

BTW, has anyone noticed the uppers tails on the $NDX daily at the 50 day ema. Looks like a perfect short building with a real, hard stop.

[Sherlock356]

Agree Bear. Also are the Trannies indicating that the US Govt may be finished buying for the Strategic Petroleum Reserve?...Now that the Govt has been steadily buying for over a year....and has nearly reached the stated 700M BL goal (up from 575M BL reserve last year) ....will removing the Govt as a big buyer at the margin bring down crude prices? If so the Trannies will rally and they may forcast such an event.

[patriotcadet]

Why, are you long again??

And when will the big swoon come..after you go short? Lol....