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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (52219)5/8/2002 7:20:39 AM
From: ChrisJP  Read Replies (2) | Respond to of 208838
 
Hey Dale -- Biggs says NASDAQ 900 ? Based on what he said last night, I find that hard to believe unless I see it in a published article.

NASDAQ 1200 -- with a rally to 2200 -- very believable.

But to claim that ALL NASDAQ STOCKS will be 50% of where they are today -- in 3 or 4 months from now -- That's MSFT 25, CSCO 6, INTC 12, ORCL 4, SUNW 4, DELL 14. Wellllllll ORCL and SUNW, maybe, lol -- but just look at those prices and you'll see how unlikely that is.

As bullish as I may sound compared to the rest of you, I'm still cautious -- I won't go "full bullish" until I see the 50 dEMA start to cross the 200 dEMA.

siliconinvestor.com

At best, I'm guessing that's 4 months away.

Chris