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

To: Justa Werkenstiff who wrote (65613)	5/10/2002 5:47:46 PM
From: orkrious	Read Replies (1) \| Respond to of 99280

Yes, from the backside. Bounce depends a lot on Monday IMO I think we are due to have a month where we miss max pain. The world is becoming aware that there will be no economic recovery, nor will there be a semiconductor recovery. The semi stocks are still woefully overvalued, and people want out of those stocks. I can't see how they are going to bounce enough to get the market up to max pain, really regardless of what AMAT says. Orders were up last Q mostly due to Asian memory guys, and their business is in the toilet. I think we continue to puke and any rally will get sold and should be shorted.