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

To: Dave Gore who wrote (34739)2/28/2002 11:19:35 AM
From: Dave Gore  Respond to of 99280
 
EMLX now wants to bounce badly if the Naz does. I am watching it closely. So does BRCD and EMC, but mostly EMLX. This is a change from earlier when it wanted to fall if the Naz fell. Subtle but get the picture?

It got an upgrade today and huge support after the bell yesterday from JPM.



To: Dave Gore who wrote (34739)2/28/2002 11:39:04 AM
From: Softechie  Read Replies (2) | Respond to of 99280
 
6-9 months ahead??? No way! It's like more of 3 months.



To: Dave Gore who wrote (34739)2/28/2002 5:58:17 PM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
The Market usually predicts a recovery 6-9 months ahead.

Just like it did a year ago Jan.
Just like it did a year ago april.

Even IF IF IF the economy recovers, will earnings recover?
Todays action suggests doubt about those earnings even in the face of a "presumed" recovery.

BTW.
The market does NOT predict recoveries, EVER. imho
The market does predict EXPECTATIONS of recovery.
A vastly different thing.

M


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