Replies to post #58019 on Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

mlsoft on Carl Sagan....i didnt say he was
beautiful... i said great man,..someone with vision..
and courage to thing big, instill that vision in others and help get things done...traits sorely lacking in most public officials, and politicians on both sides.
see ya monday!

[Zeev Hed]

Don't get too bearish here, the surprise early next year, will actually be slightly better economic data but declining markets (g) after a January top. Note that last week the Sox's internal once more got bearishly extreme (not as extreme as in early December, but sufficiently so to indicate a strong rally is coming. Finally during last week, we got few temporary excursions of the equity P/C ratio above 1, though no closing above 1, this is still in line with the expectation that we rally from here, but that the rally will be a fake out. What better fake out then a run past the recent highs just above 1500 on the Naz?

Zeev

[goodluck]

Can someone tell me how it is that GDP grew at 4% in the Sept quarter, yet all of the companies and sectors that I follow reported punk profits and everyone complains constantly about how slow business is and how low visibility they have?

Or is the GDP number pulled from someone's ass?