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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Rich1 who wrote (54204)4/22/2002 11:32:05 AM
From: t2  Read Replies (2) of 99280
 
I am basing my prediction on the fact that the semiconductor equipment book to bill is out today, meaning buying or covering into the close.
Plenty of bad news to digest in the short for any further drop on the Nasdaq..along with the other reasons I noted, especially the likelihood for more shorts on Nasdaq stocks when the data is released this week.

There can always be some good news that comes unexpectedly amongst all the negativity...and that is another I see less risk in being long (for now).

good luck.

jmho
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