Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (835)	10/18/2001 11:01:09 PM
From: mishedlo	Read Replies (1) of 99280

Zeev, some stocks are breaking badly already. No way in Hell MU is going to hit 30 or even 28 if the top is another 100 Naz points or so. I have noticed they drew a line in the sand on JNPR, EMLX, and BRCD roughly near 20. When those go, we will really go. On a FA basis, those are terrible. JNPR's earnings were terrible and QLGC EMLX customers of EMC and IBM suggest there is nothing but total air here. Oddly enough however, I think it will take a decline to about 1200 in order for the botom not to be in on this set. I do not rule out such a decline. If we break the low, I bet we drop another 200 points. BRCM is a different story. I fully expect it to set a new 52 week low. M

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