Zeev's Turnips - No Politics Message Board

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

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To: Crimson Ghost who wrote (71813)	5/27/2002 5:08:32 PM
From: Zeev Hed	Read Replies (2) of 99280

If a nassacre develops, it should culminate (possibly post a "disappointing" decline in the semi's BTB ratio to around 1.12 late in June) in a massive selloff, setting the stage for a short summer rally starting around 6/28. That could lead to a violent (similar to the April 01 lows) upmove and then stagnation and a trading range during most of the summer, with a possible retest above the June bottom in September. Right now, I have a very strong fourth quarter, but that can easily change. Last year we had three "great buying" opportunities, this year, we may ave only two, maybe not even that much. Zeev

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