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Strategies & Market Trends : Angels of Alchemy

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To: nolimitz who wrote (24191)1/10/2001 9:15:25 AM
From: Bald Man from Mars  Read Replies (1) of 24256
 
dude, what is wrong with the analysts
I think they cannot stand the Nasdaq going up 2 days in a row ...
INTC, CSCO all get downgraded
Kumor said he would buy Intel at 26s, which is 20% below the current level
CIBC WorldMarket said the fair value of CSCO is 25-30, which is also 20% below the current level
looks like all are expecting the Nasdaq to go 20% lower, which brings us below 2000 ...

in the meantime, the bald man's portfolio is still 100% in CASH ...
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