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

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To: LTK007 who wrote (57475)4/26/2002 6:23:13 PM
From: American Spirit  Read Replies (1) of 99280
 
I dunno, what is capitulation? WCOM and ERICY around $3?
AOL below 19? That looks pretty extreme to me. I know my favorite PALM is way oversold now. SCRM is almost back to cash in the bank market cap.

PALM has just given up the entire bump it got after its earnings surprise three weeks ago. Amazing. Just no bargain-hunting yet.

This Saudi thing is disturbing, and so are federal deficits. Bush announces GDP up 6% and the market tanks from an already low point.

Maybe everyone just wants this earnings season to be over first. So another 1-2 weeks. I know one thing though, whoever sells tech right now is definitely capitulating. Gloomy day. Sometimes that signals the bottom. Hopefully.
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