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Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%Nov 21 9:30 AM EST
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To: Ausdauer who wrote (5430)4/15/1999 6:23:00 AM
From: limtex  Read Replies (1) of 60323
 
Aus -

I don't think it'll be an up day Thursday or Friday for that matter. We are well into the earnings season now and its clear that the mnth/six weeks after earnings season is over the market tanks and this time it looks like its not going to give anyone a chance to think and it is tanking in the middle of earnings and couldn't care less how good the earnings are.

IMHO we are now into the post earnings 2% per week regular weekly drop in the NAZ for the next four/six weeks. OK so far as that goes the market will recover about three weeks before the next earnings season say around the second week of June. UNLESS something else goes wrong like Russia, Asia or worst of all the Balkans. If the Balkan War gets worse, and things in the Balkans always get worse, then we are in for big trouble in the market.

In the meantime with a fantastic report like this Q we should indeedd hope that the stock tanks in the morning. Hope that there are loads of people out there that want to throw stock out the window and at you at prices you wouldn't believe. Then juicy, juicy options for the end of the year. Its the nearest thing to prdicatbility that you can find in the market IMHO.

Best regards,

L
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