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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: horsegirl48 who wrote (35450)	5/6/2002 8:37:57 AM
From: Lee Lichterman III	Respond to of 52237

LOL - Yes, when the regular person starts shorting, we have to be getting close one would think but maybe she is smarter than the average bear from hanging around you? -ggg- At work, most people I talk to are still bullish, "are in it for the long term", convinced "the market always comes back", and think that shorts are evil and cause the market to fall. I hope you are right and we are near a low. I am starting to seriously consider not moving and just retiring and finding work in the "Real World" instead. If I go civilian, I don't want to be hitting the job market right at the beginning of a double dip but instead on the beginning of an upswing so I have a chance to build some seniority. Bright prospects from INTC this morning..... INTC Monday May 6, 6:01 am Eastern Time Reuters Business Report Intel CEO Says No Change to Second Quarter Outlook TAIPEI (Reuters) - The chief executive of Intel Corp (NasdaqNM:INTC - news), the world's largest semiconductor maker, said on Monday expectations that second-quarter revenues would be flat had not changed despite signs of an improving American economy. "I know we've seen relatively strong announcements of GDP growth in the United States, but as far as I can tell, that hasn't translated into corporate profitability or corporate IT investment growth," Intel CEO Craig Barrett told reporters. "We're looking at a relatively flat second quarter. I don't think you're going to see any substantial uptick in the industry until corporate profits increase and you see investment in corporate IT infrastructure," Barrett said. "I wish I had something better to tell you," he told reporters, after giving a speech on improving math and science eduction.

To: horsegirl48 who wrote (35450)	5/6/2002 9:32:02 AM
From: Rock_nj	Read Replies (2) \| Respond to of 52237

The bearish sentiment indicates that we're probably near a bottom. Everyone and their brother is suddenly bearish and talking about shorting the market. Just like everyone and their brother was bullish and going long in 2000 when the market was sky high. Scholastics say it all, the market is in oversold territory. Chip sales are slowly picking up. 2002 will prove to be the trough year before tech spending resumes it's inevitable rise as we move quickly into the 21st century of technology. clearstation.etrade.com;