| Haim, you know that the nyse tech stocks are in as bad a shape as the rest, the thing that has turned me show powerfully negative right here- besides the dow config, are stocks like LU, lu has made a five wave decline from feb top, at march 16 bottom and is now making new lows, the market deserved a better rally than we got of the panic between march 12th and 19th, when the bear market magazine covers came out and we got those big tick and trins, the fact that the rally was practically non exist in nasdaq, means this otc market sucks and the sellers are completely in control and the overcapacity in tech and telecom is much more problematic than most expect, i think you will see cisco at $5 in the not to distant future, which is the 97 lows, csco remains one of the most dangerous stocks to own right now, imbo. |
