Replies to post #45703 on Zeev's Turnips Patch-No Politics (ZEEV)

[Math Junkie]

Note for the reader: "secular" should read "cyclical" in that post.

[Ace Hanlon]

Zeev:

There is an alternative scenario put forth by people like Saville and Alan Newman. Namely that we will soon get another big hit down towards the lows or possibly even to new lows, and get a cyclical bull from there.

[Rick Storm]

Zeev, do the turnips give any possibility to a buying panic develpoing on the naz(plus nyse); a 3 to 7 day of gpt. Would this event negate the need for the drop to 1220/1280? thanks, Rick

[hk2]

My thinking is that if we do not go back at least under 1300 (1280 preferred), it will be a pyrrhic victory for the bulls

Zeev, at what point would you consider this to be the case?

As I understand, if we head down here, or maybe even move to 1450 first and then down to 1300, then "to Da Moon" party is still in the works.

If we continue to grind up from here, say to 1700 (or the big number of your choice) then things don't look so good for next year. (I suppose if New Highs where to expand considerably, you might be more comfortable with this rally, 1300 or not.)


Is there a point where you shift from one outlook to another?

Or will you just know it when you see it?

Thanks,
Jim