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


To: mishedlo who wrote (15305)12/21/2001 12:04:46 AM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Mish, again my compliments on a perfect call this expiration week. You should loan yourself out to CNBC on options expiration week.



To: mishedlo who wrote (15305)12/21/2001 12:24:52 AM
From: t2  Respond to of 99280
 
Mish, The Argentina situation and the lack of a stimulas package has created a bit of a selling mood. I do think the recent profit warnings could alone driven down the market as much. Argentina is definately keeping buyers away.

That is why some positive earnings news is needed out of the techs to push the market higher going into January. A road to resolution of Argentina situation would also help--US support or IMF trying to work with new government would help.

My concern basically applies to the Nasdaq only--and in particular the semis. It is not really bearishness (so keep your Naz 2100 party hat off <g>)---it is about the magnitude of the pullback.