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

To: Zeev Hed who wrote (42383)	3/20/2002 6:05:21 PM
From: jjstingray	Read Replies (1) \| Respond to of 99280

Zeev, if you did short, do you think you would short NVDA. This will be one of the first to rally if we get a decent run up, but it is looking pretty dire here. Thanks for your thoughts.

To: Zeev Hed who wrote (42383)	3/20/2002 6:08:58 PM
From: Israel	Read Replies (1) \| Respond to of 99280

time to look beyond the valley of death into the spring rally that is coming soon (g). ..out of curiosity, what do you see as a catalyst for this rally? better earnings? Inventory rebuilding? Lower rates? or better economic numbers? Israel

To: Zeev Hed who wrote (42383)	3/20/2002 6:19:41 PM
From: orkrious	Respond to of 99280

NV, just a week ago you were quite positive, now you exude bearishness, time to look beyond the valley of death into the spring rally that is coming soon (g). Zeev, I am probably not the best judge of this at the moment since my trading has been off terribly this year, but it just feels "different" now. For the first time, "good" news in the semi sector (the B/B) didn't move the stocks up. They were sold on an INTC earnings downgrade. This sector has been a true leader. Further, great housing news (housing starts) creamed the housing stocks, another leader this year. Maybe the market is starting to realize that the "recovery" we're seeing is as strong as it's going to get and the second dip is upon us. This post says it all #reply-17224391 ork [edit] oops, I see you just gave your reasons to Israel in the preceding post.

To: Zeev Hed who wrote (42383)	3/20/2002 6:57:19 PM
From: t2	Respond to of 99280

Zeev, thanks for that great explanation on Bill Gross's comments on GE. My concern really has been whether we are looking at an overvalued stock....or something worse. If it is just a high PE stock then it should really not affect the markets for long. If there are any credit concerns, there is trouble! From what I have read, I doubt it will lead to a longer term credit issue (see quote at the end). He questioned GE's practice of using its high PE to acquire low PE stocks; better disclosure to bond holders; and that more of its short term debt should be backed up by line of credit---this last point may be the key. Found this comment: Moody's Investors Service said on Monday that GE Capital faces ``funding risk'' because it has not backed up enough of its $127 billion of short-term debt with credit lines. GE Capital spokeswoman Marissa Moretti said GE Capital is negotiating with its banks to increase its backup.