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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: JDinBaltimore who wrote (36401)	1/17/2001 9:26:25 AM
From: Condor	Read Replies (2) \| Respond to of 50167

I have no problem with your points about market direction. You may well be right. Doesn't mean I'm a bear either. I'm neither. Play it up..play it down. It was your presentation man ...your presentation. BTW since you brought it up, I took 200% out of PSIX in the last 2 weeks sold out at the close yesterday. Nuts....it's up 16% overnite..coulda moved my stops..Oh well..... maybe time to sell it short.... oh well.. A bull or a bear....... nope ...I'm a trader.... and don't rant and rave about it. Good investing C

To: JDinBaltimore who wrote (36401)	1/17/2001 11:07:11 AM
From: IQBAL LATIF	Read Replies (5) \| Respond to of 50167

<<IKE made a comment that no BEAR postings had surfaced in pas few days, and I'm here to temper the enthuiasm, and warranted, as you are so concerned about lurkers, isn't it only responsible to represent both sides of the equation? As I post with solid evidence that when first Q numbers are in the "RECESSION" will be "OFFICIAL". Don't you think its imature to tout the next moonshot with no fuel?>> You will be proven wrong on most of these counts..look at the following...nvls is just one example and other is txn,,, and if you still think we have no fule find some time to look at this, this is one big one through many a short positions.. PMCS up 18 BRCM up 18 and as if nothing has happened.. good joke.. take it easy and in good humor we all know that no one expected this rally here and with shorts around we think we have a chance here and we will try our best to squeeze you guys the best we can...ggg quicken.excite.com Semiconductor and Internet stocks led the Nasdaq's charge higher, as Wall Street focused on the sector's bright spots in earnings. Computer networking giant Juniper Networks (NasdaqNM:JNPR - news) rose $11-13/16 to $139-15/16 after beating quarterly earnings estimates and raising its full-year forecast. Chip equipment maker Novellus Systems Inc. (NasdaqNM:NVLS - news) climbed $6-5/8 to $45-3/8 and communications chip maker Applied Micro Circuits Corp. (NasdaqNM:AMCC - news) rose $8-1/8 to $78-1/2 after they both beat expectations. With the Fed widely expected to continuing easing monetary policy, many investors are ``willing to take a look over the valley out a couple of quarters to where they see some recovery in earnings in the second half of this year,'' White said. The Fed's next rate-setting meeting is set for Jan. 30-31. Wall Street took comfort in news that the government's Consumer Price Index was largely in line with consensus forecasts, indicating the Fed can focus its efforts on sustaining U.S. growth and not on fighting inflation. Overall CPI rose 0.2 percent in December, matching the prior month's rate. Core CPI, which strips out volatile food and energy prices, rose 0.1 percent, following November's 0.3 percent gain. ``It's a pleasant surprise,'' said Larry Rice, chief investment officer at Josephthal Lyon & Ross. ``It looks like we're on track for lower (interest) rates at the end of January. That will be especially good for technology stocks.'' Investors are hoping further Fed rates cuts can cushion the slowing U.S. economy's fall from a blockbuster pace of growth and keep the slowdown from biting too deeply into corporate profits.