| U's V's and IVs, Hi Dave, and thanks for that post. Just spent an almost grand day at Mt. Tremblant. ItraWest has done a magnificent job there, now one of the premier resorts in North America. Got some great insight from some key personnel in the tech community and the consensus is nearly unanimous, we remain stagnate for at least another 2 Qs. Further, all agreed that there will be an explosion on the tech-infrastructure spending side late fall, or at the latest, Q1, 2002. There’s your U curve, nothing new there. As anyone trading stocks for many years we know that nothing is a leader of equities, equities however is a leading indicator of many other things, including the economy. So between Q1 2002, and last Thursday, one could justify or rationalize a broad based rally with key leadership from the house hold names brands in Fiber Optics, hard and software SANs, optical amps, bad ass switches, and availability of ubiquitous broadband wireless applications. So do we get the V back in stock prices. Well, maybe, but care should be taken in who brings the message. Cramer, Abby, the Batman, all have their own agendas. Investors, and daytraders aren’t immune from pushing a particular point of view if the mood suits. Won’t make any predictions here, but will vow to stay on top of the mkts and with your help make it a profitable year for all in the soup kitchen. Mentioned earlier, that the day was near perfect. Not for “Adam” who took a spectacular fall resulting in multiple lacerations and a fractured tibia. Adam, if you are lurking out there, a speedy recovery to you. |
