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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (34659)10/10/2001 2:26:20 AM
From: Suresh  Respond to of 68215
 
Hi Harry,


Can you talk a little more about your thinking about why you think the market will be higher by April next year?


I am going to respond later.

Later,

Suresh



To: Johnny Canuck who wrote (34659)10/10/2001 11:55:29 PM
From: Suresh  Respond to of 68215
 
Hi Harry,

short answer for your questions.... I will expand it later;

1) PC upgrade cycle will even surprise the optimist.
2) DSL/Cable adoption will improve.
3) Shortage of bandwidth will be reality (really!)

Before Sep 11th, I had problem justifying myself a NAS rally to 3800 (My thinking was bottoming around 1400 and a 66% retracement). But Sep 11th events have removed any such doubts I had about reaching that target. More in my free time (is there such a thing for anyone these days ?)

Later,

Suresh