Replies to post #348587 on Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

One moose gone, this was an odd reproductive problem i wasnt aware of.
PS; someone actually thanked me as it blocked ads

[Koikaze]

For those interested, I've added some material to the Zeev's Ideas Board (#board-1351).

Fred

[porter]

Z--

If we head down now on a CLOSING BASIS to 1750 (a=c), or, even to 1500 (c=1.6a), a new all time high is still doable afterwards. If it continues down to 1400, however, you INVALIDATE my count and it's back to the drawing board.
If we have a melt-up NOW to 2200-2300, then your 1400 is in play but I see it being pushed forward to year 2006.

After the dollar completes one more retest of its bottom it should begin to accelerate in a Wave 3 rise. Maybe this will be the catalyst for the above stock rise.

Never a dull moment and your range bound market is where we are heading.

To be continued.<G>

--P

[AD]

Hugh Johnson, chief investment officer with First Albany, noted that even in a down market, utilities have done well, as well as health care and consumer staples.


"I'm always bothered when I see those sectors do well, because those are the sectors that do well in the late stages of a bull market or in a bear market," Johnson said. "That's not a good sign, particularly when you see the stock market going down at the same time, and you also see large-caps outperforming small."