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


To: ajtj99 who wrote (47267)4/4/2002 9:37:37 PM
From: Softechie  Respond to of 99280
 
Fleck: Psychic-Not Line: I might remark that it's been about three years running now since people started to expect good things out of the PC business early in the year. When the numbers don't show up in Q1, it's a Q2 story. When they don't show up in Q1 or Q2, it's a second-half story, and the second-half fairy tale isn't retracted until around October. Then it begins all over again, after these stocks have been smashed in the fall. But that never stops anyone from trying the same, tired refrain at the beginning of the year. And of course, we've seen plenty examples this year.



To: ajtj99 who wrote (47267)4/4/2002 9:45:37 PM
From: Justa Werkenstiff  Respond to of 99280
 
AJ: You said 2003-2004 before 1947. That is what I was addressing.

Re: "Furthermore, if we get another low or re-test in October, a leap from even 1400 to 1947 is quite a hump (40%)."

No problem for the Nasty. Even a bear market rally from new lows could get us to 1947. A 40% rise in the Nasdaq is a few days work under the right circumstances. A cyclical bull could accomplish the same thing.



To: ajtj99 who wrote (47267)4/5/2002 7:16:07 AM
From: Rich1  Read Replies (1) | Respond to of 99280
 
We may not get to June...
Carpino has a Macro low coming this month probably after the 15th/16th..