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


To: Zeev Hed who wrote (15007)4/24/2001 11:02:57 PM
From: orkrious  Respond to of 30051
 
bookings are already at a rate of only $1.3 b/month, it is the opposite of my exclamation last April when I suggested, "how much better can it be", well, I doubt that bookings are going to go much below $1.1 B.

No argument out of me, but the stock prices aren't near the bottom. In fact, NVLS is pretty close to where it was when you said "how much better can it be."

Jay



To: Zeev Hed who wrote (15007)4/25/2001 6:16:03 AM
From: Crimson Ghost  Respond to of 30051
 
Zeev:

Richard Arms seems to agree with you basic scenario:

I think the selling of the last three days has about run its
course, for now. But the easy part of the advance is behind us.
Eventually the markets are likely to test the lows of March. The
success of that test will be critical.

Richard W. Arms, Jr.
www.armsinsider.com