Replies to post #326706 on Zeev's Turnips Patch-No Politics (ZEEV)

[mjk]

Zeev, is this still based on the belief that we won't get the job growth going forward to avoid this "recession"? If we did avg 250,000/month going fwd, would this change your thoughts? Also, any idea why this has been pushed out so far...early this year you had a peak in late summer/Sept, then a drop forecasting an early-mid 05 recession...the market's obviously not forecasting that recession anytime soon, especially given the fact that we seem destined to get 2350-2400 in the next 2-3 months. Are you open to the possibility that we can get a normal correction after 2350, then rise higher into late 05?

TIA

[choad]

Yes, that would qualify for the "Grand Nassacre" and when and if it happens I hope to be neutral or short the market this time. I am here because of the beating my investments took during the 2000/02 correction and hopefully the payment of more tuition can be avoided. I know tuition costs are rising at an extreme rate but I have "PREPAID" for the rest of my lifetime.(gng) Thank you for aiding in my education! Plan the play, play the plan however sometimes the execution just doesn't seem to follow, I'm working on it. I mean, we're not talking about water soaking into a sponge here, or maybe we are. LOL

[wecus]

Is this meant to be (or become) a new map?

I have left some money on the table in the last two weeks (darn those sandals! which still refuse to get back into my wanting arms), also the dollar weakness is eating into my profits.

The good side is that I still made some good money as OAs have been reached in CMN, BLTI and POOL, so my cash level is still quite high but I'll try to get back into CMN and POOL. I'll leave BLTI though as I consider myself lucky to have gotten out of a bad earnings report with a nice profit...

Meanwhile got back into CCMP and GVHR at a nice discount, also a second portion of SLXP came in so cash is not as high as last week though I'm still waiting for some steam to get out of this boiling kettle. My indicators are showing negative divergences already so I guess it can't be that far...