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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (10556)2/18/2002 9:16:37 PM
From: nsumir81  Respond to of 57684
 
I don't know how much worse sentiment can get..Same was said back in October 2000 (Dow 9400), 3rd week of Dec 2000, end of Feb 2001, early April 2001, August 2001, Sept 2001.

Just because a stock is low does not mean it is an automatic buy. It may be low for good reason.

Similarly just because comm equipment stocks are lower than 9/11 lows it does not mean that they will rebound strongly AND more importantly in a sustainable manner.

If they are indeed lower than the 9/11 lows (some are) then that speaks volumes of the state of biz and that the state of biz will be the overriding factor in determining bottoms not extraneous events causing a 1 week flush out.



To: Lizzie Tudor who wrote (10556)2/18/2002 9:17:39 PM
From: nsumir81  Read Replies (1) | Respond to of 57684
 
Wondering how was it when (if ever) 10/10 market timers were all bullish?



To: Lizzie Tudor who wrote (10556)2/18/2002 10:35:49 PM
From: Bill Harmond  Respond to of 57684
 
I agree, but it's the 1990's "how high is high" in reverse.

One thing's for sure. No one will ever buy another switch or router. :)



To: Lizzie Tudor who wrote (10556)2/19/2002 4:45:42 AM
From: Moominoid  Respond to of 57684
 
Gold is falling:

kitco.com

Dollar is rising

Leading indicators?



To: Lizzie Tudor who wrote (10556)2/19/2002 10:42:24 AM
From: fedhead  Read Replies (3) | Respond to of 57684
 
Look at the valuations on the comm equipment stocks, the
semi equipment. Considering their earnings are imploding
I would say they have not bottomed yet.

Anindo