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

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To: Zeev Hed who wrote (30612)2/17/2002 2:38:27 PM
From: t2  Read Replies (1) of 99280
 
we will have to go under 1772, and "hard". It could happen more rapidly (even during next week, but not likely) that I currently have on the map, but when that decline to the low 1700 happens, you will see "da bulls" sweating "stones".

We should get there next week if the semi equipment data does not at least match the expectations.
How much of a bounce do you think we see after the low 1700s.

I am just looking to outflows from tech funds that have been going on for a couple of months. Momentum seems to be building that is more negative on earnings prospects than we saw recently. To me, a bit more negativity and we have a major turn for the tech stocks and at a rapid speed.

jmho
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