SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Nasdaq Lower then Sep 21,2001

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shoreco who wrote (9)3/8/2002 8:51:14 PM
From: shoreco   of 20
 
***** UPDATED RECOVERY OPINION *****

Due to the new stimulus package signed on (March 8th 2001)that gives Corporate America a tax right-off incentive to replace their current computer systems and upgrade their current technology I am withdrawing my previous guess of a tech recovery for the year 2004 to the year 2002 because this Tax bill changes the amount of depreciation time of the current 5 years to the new 3 years needed to qualify for a tax break incentive.

Therefore this is going to create the largest short squeeze known to mankind and therefore making the lows of Sept 2001 the end of the BEAR MARKET.....

EOM
Shoreco

PS
Welcome to the new bubble, ride the wave.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext