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


To: Smart_Money who wrote (51621)4/16/2002 12:37:45 PM
From: Road Walker  Read Replies (1) | Respond to of 99280
 
SM,

re: You have to give Dan Niles credit. He was the only one sticky his neck out predicting this downturn when others were saying buy, buy, buy. He is still bearish on semis.

What downturn? If you are talking from July '00, Niles was the most bullish of all the analysts at that point (only SSB's J. Joseph called that semi top). But the $SOX has been, on balance, flat since Dec '00, 16 months.

stockcharts.com[w,a]waolyyay[pb50!b200][vc60][iUp14,3,3!La12,26,9]&pref=G

John