Zeev's Turnips - No Politics Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hotlinktuna who wrote (96692)	7/22/2002 5:10:13 AM
From: limtex	Read Replies (1) of 99280

HLT- I hope Zeev is right but there has never been a time like today. the charts and projections of oversold conditions don't take account of a view of the future from major companies like MSFT, SUNW, INTC SEBL etc that are nothing short of disastrous at this stage. That can't be ignored. How long can it be till the consumers stops dead in his tracks. No-one can withstand weeks of this kind of collapse without reducing spending. Psychologically this weekly massive collapse is going to jump start its own collapse. The Europeans are shell shocked and if the US consumer stops spending then who is going to buy all their high priced consumer goods? Valuations have got to adjust to no growth, no spending, and reduced expectations of any future. What year does that take us to? 1992 or 1989? Best, L

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next