Replies to post #9098 on Zeev's Turnips Patch-No Politics (ZEEV)

[JLSegal]

"Naz may need to be lowered further, possibly as low as half the 1900 cited there more than two years ago (an eventual spike to 950 on the Naz?)."

Zeev, pardon me for asking you this again, but, I assume you still feel the event that would drive the NASD to this much lower low would be sparked by US dealings with Iraq (not further deterioration of the US economy)? .... before the end of 2002?
I know your original scenario was predicting a very strong rally at year end .......is that prediction still intact, and, if so, from what level?

[Sir Realist]

Thanks for the gold discourse, Zeev. Insofar as charts vs depressions, I wasn't suggesting that; I was referring to the possibility of bottoms hitting a point on a straight line from previous bottoms, which in this case appears from 1982 on the 3 major indexes.

I agree with China, and would add the Middle East. It looks like we're coming down off a petroleum price bubble too and nearing a bottom. This likely has as much to do with the turmoil there as religion does.

We may be disliked in certain global corners, but our shopping habits have levitated much in the past quarter century, esp the past decade. Like Rodney D, we just don't get no respect.

Finally, there's the price of silver. With it used in semi production, shouldn't a rise in the semis (someday it'll happen) produce demand that floats silver higher?

TIA;

Kevin