Replies to post #7251 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

The withdrawals have been going on for few weeks now and actually seem to have peaked last week (this week might better that peak?), that is often what happen near bottoms as well. There is a natural inflow into funds from 401k etc. and once the outflow (which is capitulative, IMTO) ends, that selling pressure could end as well. I have no idea when, it is an emotional market near a bottom.

Zeev

[tantal]

ted w,

Excellent point and something I've begun to wonder about. Just how similar a position are we in to that of the short position in late 1999 - early 2000? Are we in the position of being too early even though we are overdue?

I'm going to go look at some charts from that period. Anyone have lists of new highs/new lows, tick & trin, trinq, up and down volume? I'll check yhoo for the historical data but I wonder if this is the inverse of nasdaq 4000 - i.e. we're still another 20% from the bottom even though this should be it?

Zeev, just how full of shit am I here? LG? Augie? Am I losin' it here or what?



darryl

[marvin1946]

Ted,
Great post. With small caps i fear that in any rally they will lag as big caps will lead the way. In time though the value argument is so compelling and the memory of the bubble so vivid that money will come back into them quicker than in other periods. All imho. marv

[DlphcOracl]

ted w: Heck, I'm scared with regard to the damage being done to the markets, and I've been sitting on 100% cash for all but 6 or 7 days this year!! Even if we get a sharp technical relief rally, this will take additional month to years (years being more likely) for the remainder of the bear market to fully play out.