if if if, re: BTB always lagging, just think what will happen when it shows a reversal, I believe it's better to watch how MU moves and what they say, DELL is a good indicator because they are JIT to the max. (MU might be the right shoulder in the making, though) re: Japan, they have finally started to see the light, I feel good about it. re: analyst, They have already downgraded the storage sector. re: The stock has seen 17.625 NTAP is very close to breaking out of the downtrend and beginning the base building process.
The DOW dropping is the end stage. Two things need to be watch. The first could happen faster. The DOW could pull the NAZ along with it. The second will take longer. As of now, most the bad news out of the bag, so we have grace period. Stocks are not moving on this qr. earnings, they are moving on the possibility of better visibility three to fours months from here.
Frankly, I believe the bears hanging out now are more like hyenas, picking at scraps and lower on the food chain. What more do you want? Nearly ever national mag had bears on the covers. Classic signs are everywhere. People walking around that do not know we are in bear market, never knew we were in a bull market in first place. I also believe we nothing to fear but fear itself. <g>
Bebop |
