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

To: Softechie who wrote (41653)	3/18/2002 4:57:01 PM
From: t2	Respond to of 99280

Warn and powerful rally? Now somehow I don't quite catch the connection... Basically what we used to see in the past; drops in warning season and rally into earnings....of course drops after earnings as well. Remember that insider selling window also closes ahead of earnings. It could mean that the Nasdaq needs to drop before a strong rally of course. I see "expected" warnings as catalysts for rallies. Unexpected warnings are what concern me. I would put Cisco, JNPR, as expected; the storage group has tanked so a warning there won't be a major surprise. It is all what happens versus "expectations". You have got to admit there is plenty of bearishness on the tech sector right now. Everyone seems to be talking about Nasdaq valuations. I wonder who is still buying.<g> jmho