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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (74716)4/11/2001 3:02:36 PM
From: Doug  Respond to of 99985
 
Haim: Examine the consensus facts and extrapolate thereafter. The facts are that MOT and the Analysts both Lehman (xcellent record) , M.L and S.Barney all agree that the 2nd Q is even worse that Q1 but the percentage drop has not been quantified. So in brief, they pushed the time frame to Q3 and further (Niles) That means for the next 6 mths , the market is going to trade at these levels on hope that Q3 will show an upturn in profits and revenue.

I dont think the market is going to trade sideways on hope. It is my expectation that reality will set in probably triggered by some CC during the earnings season.



To: Haim R. Branisteanu who wrote (74716)4/11/2001 3:48:31 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
Haim:

Despite my significant QQQ position, cash still is by far my primary asset right now -- over 80%.