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


To: Steve Lee who wrote (90266)7/2/2002 4:00:50 PM
From: Jdaasoc  Respond to of 99280
 
Still concerned that almost everyone thinks we go up from here

At some point, it got to go sideways for a few days. If money is really leaving the market at the rate at which it "appears", things are going to get ugly on a lot of related fronts quickly.

I just had to meet with construction company that is giving me notice that they are going to declare bankruptcy. Their insurmountable problem besides having no money was is the bank called their loan and they couldn't go on.

The best I see for PC sector like INTC is for them to make their low end of their numbers. Downside risk is appreciable. How one longs for the days of Ronnie Reagen and Maggie Thacher.