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

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To: Zeev Hed who wrote (76244)6/7/2002 6:53:59 PM
From: Crimson Ghost  Read Replies (1) of 99280
 
Slouching Toward True Ugliness: The Coincidence of Time

June 3, 2002

by, Barclay T. Leib

CNBC is befuddled -- Just when things seem bad enough, they suddenly get worse. One CEO resignation, becomes
two or three. Occasional suicides keep popping up. A realization sets in -- as reticently confirmed by AMD's CEO
on CNBC last evening -- that there is no real chip demand developing in the pipeline. Previous dreams and hype
that the SOX Index should lead the way out of an economic slump simply evaporate.

All of our cycle work and the techniques of several others suggests that June 2002 may be a hellacious month
long to be remembered.
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