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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (4606)11/10/2001 10:29:53 AM
From: Pierre  Read Replies (2) | Respond to of 99280
 
Zeev, would you look into your crystal, oops turnips, ball and tell me what you see for Dec lows on KLAC, NVLS, AMAT, and our old favorite, CYMI.

Add Qualcomm, please.

TIA.

Pierre



To: orkrious who wrote (4606)11/10/2001 11:40:16 AM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Here is what are some possible target, KLAC, $38.5, possibly even a break to $33.5. NVLS $32.5, with a possible break to 28.5, AMAT $31, but if $30.75 is breached another trip to the year's low at $26.5, and possibly even reaching my long standing low for AMAT's cycle low at $25 (g, missed that one by a $1.5 last time...). As for CYMI, I think that the strength is gone by nw, and I expect it to retreat to the $17/18 area and if $16.8 is breached, then another trip to the year's low and possible breach there. If s. berg is right, and this is more than a 4 quarters recession, then all these numbers will possibly be breached.

Zeev