Another good article: The problem is you can't build a business with virtual cash.. That part is funny but its true.. and this part
"We're in a seasonally slow time," Zeilstra said. "There hasn't been any news, and it's no secret that these companies are driven by press releases. I think we'll start seeing a comeback in the next couple of weeks as the quarter comes to a close. Companies will begin reporting [quarterly earnings] and that will give people a reason to buy. [The sector] will go up another 20 percent and the volatility will continue
is what I thought also. But this quarter, we also find the CUST, HLTH's, CANI's, because we'll always be a step ahead of the others. I've been doing this going on 13th season, and if you think when people write stuff like that everyone will learn, but it never happens..
We are still going to have another weak period where companies will pre-report shortfalls, and THAT will cause another panic and small selloff.. Then just a week into the season, a collective sigh of relief will be heard as companies like QLGC, CMVT, HLIT, TLAB,SEE, report good earnings and the market turns around nicely. |
