Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (14832)	4/20/2001 8:25:08 PM
From: Mark Johnson	Read Replies (2) \| Respond to of 30051

aj: all this Zeev a--kissing is giving Zeev a big Hed...the guy is not God...you guys need to start thinking for yourself and make decisions on your own....it'll improve your self-esteem.....

To: ajtj99 who wrote (14832)	4/20/2001 9:00:14 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Traditionally, the period between May and October is seasonally weak for technology stocks in general, that figures in the turnips forecast as one of many elements. As for the fed meeting on may 15th, it might very well be the anticipation of another rate cut starting around May 9th that forces the "between two tops" bottom on May 9th. The nature of the bounce (and the retrenchment here) will have a lot to do with the continuation of the current scenario. Tax legislation will also be important, as I have mentioned before. A tax cut that creates a lot of additional capacity will lengthen the malaise, a tax cut that stimulates end demand will put an end to the current bear move, IMHO. No tax cut and continuation of budget surpluses will be an unmitigated disaster (under 1400 on the Naz IMHO, but not until after the next cyclical bull moves peaks next year. Zeev