Zeev, I have downside potential on LSCC at 30.00 a share, and MCRL, at 15.00....Any comments on these two companies as far as asian exposure to earnings would be appreciated....Maybe they don't even have business there...Remember, I have this TA on the brain and am not fundamentally sound...As far as fall of empire, no, I just want the
fat trimmed, and PE's in a more reasonable area....Further, I have this darker side of my character that wants some of these fund managers who have never experienced a bear market to have the understanding of what it is like....Some have gotten too cocky....
Finally, Joe Granville on CNBC today, looked at the charts and discussed how we have a pattern of rising bottoms, and that he sees
a Head and Shoulders Bottom....Now If Joe is bullish, I am extremely
bearish...I don't know how someone who has made such blunders on the market, can still make a paycheck and be the featured guest on CNBC...
Yes, I know how he called the gold rise, years ago, but talk about living on your past.....Regards, Mark
P.S. Would like your update on market...Still bearish through February? Do you see three declining tops or are you a friend of Joe and Lizard???
P.S.S. Thanks again for having me look at LRCX...That huge double top was powerful...I also have an open position in ESV...Any other fat company shorts???? You have to get back to the old days Zeev and short.... |
