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


To: orkrious who wrote (44350)3/27/2002 7:52:33 AM
From: LTK007  Respond to of 99280
 
techie is not going to like this --< 07:45 ET Storage stocks rise on Merrill comments : BRCD (+4.5%), EMLX (+2%), QLGC (+0.7%) climb in pre-market after being reinstated with near-term Buy ratings at Merrill Lynch (see 07:32 comment).>>



To: orkrious who wrote (44350)3/27/2002 8:08:40 AM
From: t2  Read Replies (1) | Respond to of 99280
 
I read this sentence and knew you had posted it before I checked the author of the post. It was three weeks ago when you had the same thoughts, then you turned super bearish when we had a big selloff. Now you've switched again.


Ork, In this market you have to change your views quite a bit with every new development. Too many moving parts. To stick with just one bearish or bullish view on the market is going to be a mistake as I see it.

I am looking for a very sharp short term rally. Maybe lasting about 2 weeks. The short interest is what really forced me to get very bullish.

Of course, I might change my mind if the rally does not develop soon.

jmho