Replies to post #101282 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

The weekly MA's are still turning down, so that's still an issue.

GDP ramp. That's all I want. We need separation from the Jan tops on the NDX and COMP and separation from the triple top on the Dow. I just want clarity, that's all.

[mlsoft]

"The so called "bad economy" is mostly a fabrication of the left leaning mainstream press. If the dems were in power a different story would be out there. My point is this: The market has been overdone on the downside and ready to go up."
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jibes....

Well put me out ahead of the "left leaning mainstream press," because as a general rule, I believe the mainstream media has no clue how bad the economy really is since they are always looking for that great second half recovery just around the corner that never shows up. I also very much disagree about the market being overdone on the downside and cannot imagine on what basis you arrive at that conclusion - certainly not valuations.

But differences of opinions are what make markets.

mlsoft

[urmygold1]

where is the 200dma turned up on nasdac??? on my 6 month it has not yet...my 2 cents is IF we get a down day tommorrow it will definately bounce back up of the 200 mon or tues or maybe even start tomm if we get a good selloff day {g} i agree we went to extreme on downside on nasdac but it was coming of big upside extreme from 1999-2000....i think after this rally we head down...alot of gaps in alot of stocks and the nasdac itself ...if you were looking at charts in 1999 you would have thought alot of them junk with big gaps down then big gaps up and so forth...i think zeev is on right track as far as we will see more pain on the downside later...i mentioned today isil went up 11.56% was up 13% but it has a p/e of 1834...lol...wowowow!!!! did i say 1834??? and sony p/e of 14.52 has been falling since october and lost 13.02% today! ...but this kind of emotional trading by others is good for people like most on this board if they play their cards right...it is always easier in a bulls(balls) ahead market to make money!like the blues brothers said.."WHAT YA WANT RRRRRUBBER BISCUITS????" URMY! ;O)) happy trading!