I am continually shocked that non-elected officials like those serving as Fed Board Governors are NEVER questioned, challenged, impeached
they are all seemingly cut from the same cloth
and that cloth comes from Arab cloaks dated to 1973 and its easy money, USdollar decay, oil boycott crises
our labor picture should improve markedly with a nice mini-recession in late y2000 and early y2001 which might last for about two quarters... it could be a truly uncharacteristic mini-recession that cuts hard into certain sectors and hardly at all into other sectors (like fiberoptic, wireless, semiconductors)
I will provide TA on QQQ, QCOM, JDSU, ELON, and any others
principally I will look at QQQ and NazComp
central attention to the target valuation Tech Generals:
- CSCO, SUNW, ORCL, EMC
dont be fooled by low valuation arguments, PE revisions... all that matters now is the economy and the Fed... nothing else... the Fed will interpret economic reports any way they choose unless & until the Tech Generals are cut in half... I see it as simple as that
earlier I said SUNW must come under 50, I meant 70
/ Jim |
