Zeev's Turnips - No Politics Message Board

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

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To: Irene Lynn who wrote (84720)	6/25/2002 8:06:37 AM
From: Zeev Hed	Read Replies (2) of 99280

Irene, thanks you for the kind words and welcome to this modest abode. If indeed July 5th is the "explosion", then you want to have most of your positions in by July 2nd or 3rd. I really do not know right now how strong the beginning of July could be, unless we develop here the same type of downside momentum we had in the last three days of last week, we may not have a very strong bounce in early July. I still expect "relentless" to come back into play. One impetus might be a resumption of the march toward 365 or so on the Sox. I believe that MU reports tonight, and I also believe the consensus is around $.06 for the quarter. The beginning of the quarter was not so bad, but I think that late in the quarter they "faltered", so my on view is plus/minus a penny for MU, which should bring the stock back down to breach the $18 area and test the year's low. The rest of the sector will be affected, IMTO. Zeev

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