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


To: DebtBomb who wrote (54268)4/22/2002 12:22:23 PM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
Boy, are we shaping up for a black Monday here. Things are pretty ugly.



To: DebtBomb who wrote (54268)4/22/2002 12:32:55 PM
From: Ron Dior  Read Replies (2) | Respond to of 99280
 
LNOP... Why would anyone have bought this one several months back? This POS losses money Q over Q. Only a fool would have bought this POS. Right Dale...

;) Ron Dior



To: DebtBomb who wrote (54268)4/22/2002 12:34:29 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Jeff Applegate, chief U.S. strategist at Lehman Brothers, said in a recent note that the sector could fall another 35 percent.

"Since the sector is still 15 percent of the market, that, in turn, would imply a 5 percent drop in market price.


Hmm.. This was published Sunday, and the previous (Friday's) Naz close was 1796. 5% of that is 89+ points, which would put us at 1707. And that doesn't count the fact that once things start sliding, other sectors go along for the ride.

Yep, if Applegate is right, then Zeev's target (1617 plus minus 30) looks pretty good.