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To: limtex who wrote (19583)3/13/2001 8:34:11 AM
From: Zeev Hed  Read Replies (2) | Respond to of 60323
 
limtex, yes, I did expect it, that is why I dubbed it the "February massacre". As for last Tuesday, it so happen that the bounce after February 28th was expected, and even the mildness of the bounce was, it was a rare case where I was not too optimistic (as I usually am) and the bounce got to exactly my target of 2250 on the Naz.

Yes, more bad news are going to come down the pike. I expect that INTC will finally drop the second shoe when they report earnings next month, and cut capex, that is why I have the coming rally stalling by the mid of April or so.

Zeev