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


To: Softechie who wrote (55999)4/24/2002 6:07:29 PM
From: Steve Lee  Read Replies (3) | Respond to of 99280
 
But 12 to 18 mths away? I am steadfastly bearish but that is even hard for me to understand. What on earth are the stock prices of these chip companies, especially those exposed to telecoms like LLTC and TXN with high multiples, going to do?

I was originally thinking NDX 1000 might be a good place to stop for a while but long term we could even half that estimate.

BTW, I covered today. I have no clue that we are going to bounce but after so much down and my last 7 trades being profitable shorts, I thought it was time to not be cocky.