Zeev's Turnips - No Politics Message Board

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

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To: Steve Lee who started this subject	11/14/2001 2:30:47 PM
From: t2	Read Replies (2) of 99280

Looks like we are going to get a bounce.. the pullbacks on the Nasdaq are not that deep. Semis popped big and followed by a big selloff. Intel did stay strong..it is in a class all by itself, imho.(my favorite stock by a mile) I think Intel has to be able to lift the rest of the semis for us to have a major bounce and the odds of that keep getting better as Intel continues to gain. A pop in MSFT could easily do the trick of taking the Naz much higher. (MSFT and INTEL--top 2 market caps on the Naz) Given Hewlett's earnings, there is considerable risk to the bear case ahead of Dell earnings and IBM conference call. However, AMAT has a chance to help the bear case, given that it had recent gains but outlook in this group still looks cloudy.

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