I like GreenBlackHole almost as much as GreenScrotum and GreenBald
with NAPM from Chicago coming in at near depression levels,
now I am thinking we have an 80% likelihood of a GreenDork interim rate cut in April sometime
long time from March13th FOMC to May15th FOMC
if more responsible Fed action isnt taken, I can see several dozen top tech names heading below 10 in share price
like NTAP, BRCD, SEBL, EMLX, EXTR, BRCM
next to get whacked imo (never humble) is QCOM
even as many other brethren erstwhile tech stars have crumbled 50-75%, QCOM has remained steady
I see a quick momentum slide coming
saw 48, then 60, target: 36
why should theQ be spared, when the list of BIGkills grows???
JDSU, BRCD, CIEN, BRCM, NTAP, SEBL, EMLX, EXTR
no way is this over
next dreaded scenario: the layoff unstoppable cycle
followed by: the real estate decline
next big surprise: economy seems NOT to respond to Fed cuts
or: economy responds, but for only two months
beware: summer wreckage once belief of "2nd half recovery" seems folly
naive optimists will be dealt with
most of their money will be separated from them
for those who takes bigger risks, all their money will be separated from them
/ jim |
