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To: GREENLAW4-7 who wrote (6702)2/14/2002 6:56:44 AM
From: GREENLAW4-7  Respond to of 206326
 
I guess not too many other posters are pessimistic about OSX's out look??



To: GREENLAW4-7 who wrote (6702)2/14/2002 12:04:45 PM
From: The Ox  Respond to of 206326
 
Hi Greenie,
Keep in mind my "negative" view on the OSX is a macro view, not a short term traders view. It seems to me that the OSX companies, as a whole, are much leaner then they were during the last cycle. This should also help support the OSX from dropping dramatically. It's very possible that my negative macro view will prove to be too pessimistic. Over the past year, the OSX is down over 30% but since the Sept washout, it has pretty much traded in a channel. It should be noted that this channel has an upward bias, supported (on the chart) by a the higher lows set in Nov and Jan.