Replies to post #9495 on Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

Zeev,

Any thoughts on KLAC's earnings report/guidance tomorrow?

Thanks,

Tim Ö¿Ö

[Rick Storm]

Zeev, I thought the turnips forsaw a double dip (Consumer-led)recession. What do the turnips see now that everyone is missing to see a 6 to 9 month secular bull? thanks Rick

[wstera2]

"Right now, the market looks as if it could easily have put the bottom for a secular bull lasting between 6 to 9 months, or longer. Since I am not yet sure of that, I'll still play it carefully........"

Things that make you say Hmmmmmmm......... I'm sure that means you made a trip thru the turnip patch.......... I can't wait for the reading of the turnip leaves <gg>.

Ö¿Ö

[Patrick Bateman]

How much of a retrenchment do you see? I would guess 1295

Virtually Yours,

Pat Bateman

[montanamark]

zeev, do the turnips consider trend lines? so far, the compx
has not even run up to the most recent downtrend from the high in mid may. it must break through approx. 1370 area and then
it has the moving average as resistance and after that, another
downtrend from the high in march. it would also appear that many who attempted to find the bottom over the last month or so
may wish to clear the deck when they break even. not attempting to rain on the parade and am willing to play either direction. i am more cautious on the nas and compx. rightly
or wrongly the techs have been vilified. it appears many
perceive the dow to be more "safe". the dow also has room to run before hitting the first downtrend.

[The Realist]

Secular or cyclical. That is the question?