SI
SI
discoversearch

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.
Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (6805)11/4/2001 8:52:20 PM
From: robert b furman  Read Replies (1) | Respond to of 8150
 
Hi GZ,

Drummer roll the drumm ---------------

NAZ prediction :

The negatives :
Volume was light - the best you can get from as down day - it did fight back at the end.

The worst was that up volume was less than down volume.

The positives :

Sox.x looks stronger than a garlic malt closed on a new high

Bkx.x looks strong - rates are going lower and bonds (which banks hold a lot of) got a historic boost last week.

The generals are lookin Fiesty: Intel closed at a recent high on good volume - Ditto Amat.

Monday after hours Csco announces.good vibes from CEO Chambers two weeks about "comfort re meeting numbers".This will create an overiding speculation at the end of the session popping us up at the close after a slushy AM and noon.

Fomc meeting on tuesday WILL cut rates at least 1/4 - but my bet is with the lousey unemployment rate info from last week they do 1/2.This will allow car manufacturers to convert cheap money into profitable 0.0 loans - keep in mind rebates and incentives are built into inflated price tags.- so the durable goods numbers continue to be strong into the Christmas holidays. Oh yea - a normal number of people travel over Thanksgiving. Family has noe become important and deals will be offered to potential travelers by the airlines that get their head out of their butts and realize from the car people that Americans love deals,love traveling and love cars.Success in Afganistan gives us a better Christmas.

Heck to da moon !!!!

Naz up slightly at the close. Tech is coming back - under the Horizon.Not right away but coming.

Oh yea this isn't a recession it is an inventory sell off.

5 % unemployment means those companies worried about future profits fired their deadbeat worst employees - always a healthy thing to do - just hard to do when the good times are rolling(6-7 % unemployment is no big deal).

BWDIK - just an optymist I guess.

Bob