News Focus
News Focus
Followers 10
Posts 452
Boards Moderated 0
Alias Born 07/07/2002

Re: Zeev Hed post# 280954

Friday, 08/06/2004 11:51:15 PM

Friday, August 06, 2004 11:51:15 PM

Post# of 704041
zeev, i have been unsure for quite some time why it is that you think the DAQ can run to 2500, 2390 or even 2275...with INTC seeing a drop in margins, and YHOO alluding to a slowdown, i can't for the life of me see how we could make new highs...in fact with these two KEY tech barometers breaking down, i can't see how we can even rally to the january highs...i would think INTC would be capped at 25-26 (the breakdown point), and that being the case, and with all due respect, i think your call is far too optimistic...until INTC and YHOO et al can show they are reversing what they said last earnings period, i am afraid we are in for a rally that would fall far short of your targets...additionally, regardless of who wins the election, isn't it to be expected that the president would take the "full economic hit" early in his term?...not to mention the elusive recession that we have yet to see

pg


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today