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

To: Boplicity who wrote (78388)	6/11/2001 8:57:26 AM
From: t2	Read Replies (1) \| Respond to of 99985

Merrill Lynch's downgrades are the ones to watch, imho. They appear to be the most bearish on technology among the large firms. Today, they are downgrading ems stocks like Jabil, Celestica, Flextronic etc.. Already bearish on the Intel and semiconductors. Even their views on stocks like IBM and MSFT are a lot less positive than a lot of other firms. Joe Osha was the most bearish on Intel..revenues estimates were very low for the mid quarter update...Intel forced him to revise higher but he still stays very negative on the stock and his firm is negative on semis. Steve Mulonovich who heads their technology analysts has been very negative on tech in general. The reason I note this is: We shall see see how much the downgrades of ems stocks hit technology in general. Is ML at the point that their ratings have dropped so low that they are no longer able to move stocks down? That is what I am watching for.

To: Boplicity who wrote (78388)	6/11/2001 9:47:04 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

ya, well wat are you hot on now, i'm looking for short candidates -g-

To: Boplicity who wrote (78388)	6/11/2001 10:37:24 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Boplicity: (Greg) I think we see some more down before up, but I am not as confident of my expectations as usual. So just as breaks below support will help sustain my expectations, breaks above resistance can also help to negate my expectations. Time will tell...that is why I always include support and resistance when plotting my charts. No analysis is 100% percent. I read the following on another thread and the poster shall go un-named...I am available for private consultation. I can train you to be able to predict movements in the stock market. When I read comments like this I just have to laugh...hot air or delusion? The best any of us can do is make studied, experienced, educated guesses. Some with higher degrees of probability than others. Anyone that thinks we can do more is full of...well you know...<g> Regards, LG