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To: Softechie who wrote (45039)1/9/2001 4:07:11 PM
From: Johnny_Blaze_420  Read Replies (1) | Respond to of 57584
 
Everyone knows that q4 and q1 will be bad. Analysts already lowered expectations so low that most companies will come within the "low-end. It would be interesting to see the projections the analysts had in q300 for this year and how much lower they are now.

We are in a 3-6 month accumulation phase. Saw some of it today. As time progresses and we get another 1/4 point cut, the sentiment will change from short-term bearish to bullish. q1 earnings will not matter as much as the projections. Same with q2.

I think you agree that the end of the year and 02 will be up, barring a war.

Good luck on the short end, just keep the stops tight.

eli



To: Softechie who wrote (45039)1/9/2001 4:08:33 PM
From: Smart_Money  Respond to of 57584
 
I did not know you had bullish in you. :)