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

To: Jim Cash who wrote (90520)	7/3/2002 5:58:57 AM
From: Jim Cash	Respond to of 99280

Message 17585500 FWIW- NWRE holding up here. I expect it to be a winner during the oncoming rally. BLUD in their last report they mentioned softness for the next quarter but it had no impact. Their latest report is delayed and I think that is because they are hoping the next Q gets better before they have to preannounce. Meanwhile management is selling in decent size after being dormant for over a decade. CFO has sold entire stake. My strategy is to short on or prior to earnigns as I expect this report to be Great.. But I see the music as stopping. I don't see today as a high chance for an up day but hope I am wrong. Waterfall moves typically happen at the end of a phase rather than the middle so I think a meaningful rally is close at hand. I think the QQQ can see 28-30 during this phase.