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


To: Zeev Hed who wrote (30792)2/18/2002 7:51:44 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
That's why I believe in lower highs and lower lows still, Zeev. If the SOXX hits 320 on the H&S result I measured, we'll have lower lows on the COMP.

We've had lower highs in Sept. 2000, Jan. 2001, May 2001, and now Jan. 2002. I don't believe we'll break that trend on a spring rally.

Furthermore, how can we have a solid bottom with a rising wedge? Until we have a bottom without a rising wedge, we will be living with the prospect of revisiting the base of that wedge. We will need to empty the market of hope in order to do that, and I just don't see that yet. Maybe in another year or two. People are just too forgetful about the recent past it seems.



To: Zeev Hed who wrote (30792)2/19/2002 12:40:42 AM
From: puborectalis  Respond to of 99280
 
SONS would be a feather in CSCO's bonnet............In December, Sonus further expanded its global presence with the launch of the company's direct operations in China. Sonus established a regional office in Beijing, and also formed a distribution partnership with Photonic Bridges, a leading Chinese systems integrator. Last week, the company announced its first customer win in China. China Netcom has chosen Sonus to provide infrastructure solutions for China Netcom's nationwide packet voice network, and is deploying Sonus' GSX9000â„¢ Open Services Switch, the Insignus Softswitch, including the ASX Access Server and PSX Policy Server modules, and the Sonus Insightâ„¢ Management System.
Also in December, Sonus reported that it has been ranked the worldwide market share leader in carrier-class packet voice switching equipment for a fifth consecutive quarter. Respected industry research firms Cahners In-Stat Group, Infonetics Research and Synergy Research Group all confirmed Sonus' continuing leadership position in a number of market segments during the third quarter of 2001.

"While these are challenging times for the telecom industry, we are excited about Sonus' prospects in the year ahead," continued Ahmed. "Packet voice technologies from Sonus are vital to our customers' businesses, and the interest in our products is strong. We will continue our focus on delivering the most innovative solutions in the industry, and are driving to expand our business into new geographies and market segments as we further our position as the premier franchise in next-generation voice."



To: Zeev Hed who wrote (30792)2/19/2002 7:40:00 AM
From: Jerry Olson  Respond to of 99280
 
I agree here Zeev

all my work is saying we have not finished this pullback just yet...

i'm watching my downside targets, and will begin to leg into long side trades when they hit...

charts still look very weak to me on the indexs...