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

To: westpacific who wrote (43899)	3/25/2002 9:41:37 PM
From: sylvester80	Read Replies (1) \| Respond to of 99280

Very low volume today negates everything you were hoping for IMO. Better be ready to cover tomorrow. JMHO.

To: westpacific who wrote (43899)	3/25/2002 10:43:29 PM
From: Ron Dior	Read Replies (1) \| Respond to of 99280

we broke every technical today that I wanted to see hold. Yes I agree on a technical basis it does look bad but the light volume makes the technical argument a moot point. Give us some reason to support your postion or you have no credibility. Have you been listening to the economic reports? Have you been hearing about IT spending on the rise? Have you noticed there are very few earnings warnings? Have you noticed that estimates have been lowered so the techs can't miss? Have you been watching the trade data on major tech sectors and noticed that shares are being accumulated by the big boys while the public is selling? Have you noticed that, as softy puts it, the "cash cows of old" Telcos are bottoming. Have you noticed that networkers are starting to see a demand again? Have you noticed that there is now some light at the end of the tunnel for many sectors that have been beaten? I could go on but it is getting late. Credibility is not something explained but is something earned. This is not the time to be on the short side of the tech industry. Ron Dior