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


To: orkrious who wrote (5763)11/14/2001 7:43:48 PM
From: orkrious  Respond to of 99280
 
It's about time.

SEC eyes action on misleading pro forma

biz.yahoo.com



To: orkrious who wrote (5763)11/14/2001 7:56:33 PM
From: t2  Respond to of 99280
 
I will be quite surprised if IBM or anyone else halts the Nasdaq from rolling over tomorr

Orkrious, That is quite a statement. The market has been gaining this week (and last) and that helps your case.

...but if buyers are materializing in a big way --dumping bonds and money market, mutual fund inflows etc...and buying stocks because they see a recovery....

If one assumes this is happening.....AMAT's earnings may not be enough to tank this market...will be looked upon as an opportunity to buy.

I have no real gut feeling how it turns out tomorrow but I highly doubt a severe drop on the Nasdaq is in the cards.

Just my opinion.



To: orkrious who wrote (5763)11/14/2001 8:17:43 PM
From: LTK007  Read Replies (2) | Respond to of 99280
 
ork said<<I will be quite surprised if IBM or anyone else halts the Nasdaq from rolling over tomorrow.>> a cynic responds:)
in view of AMAT being down only 1.60 at this moment and on having read their hard REALITY CHECK report( cripes they are virtually promising they will report a LOSS next quarter!) i am pretty sure the lathering Bulls will remain undeterred by REALITY and keep on buying--the first hard symptom of BullFever is the "hear no evil,speak no evil,see no evil" syndrome.
In view of the hard honest talk from AMAT(a company i respect for its tradition of candidness) logic says NASD rolls-over tomorrow,Bull-Fever says,logic? what's logic? Max