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


To: All Mtn Ski who wrote (80472)6/18/2002 12:00:48 PM
From: orkrious  Read Replies (1) | Respond to of 99280
 
someone knows something about xlnx. it can't bounce and is weaker than the rest of the semis

[edit] there was a 25k bid on lehman and someone hit them for 24k around 28.4.



To: All Mtn Ski who wrote (80472)6/18/2002 1:18:13 PM
From: DebtBomb  Read Replies (1) | Respond to of 99280
 
Thanks AMS. Wow CNBC just mentioned the 74 bear bottom, that was in George's article post, SPX p/e then 7, now in the 40's, LOL. They also mentioned how the SPX had sold down 48% from the top to bottom back then, but the Sept. 2001 SPX bottom was only down 37% from the top, so.......that implies only 11 more percent down from the SPX Sept. lows to match that, and the bottom is in, hehehehe, wow, that means new lows.
And, they're sweating the possible 3 years down in a row. Well, January was down, so........there's a good chance, so goes the year.