InvestorsHub Logo
icon url

Zeev Hed

08/12/03 1:25 PM

#139841 RE: Bearmove #139835

In edit and now taken a minor loss on QCOM from last week here at $36.23 ($.10, though in the meanwhile I did take yesterday a nice $1.31 on a second serving, so I don't feel too bad about that one...). Also took off BSTE here at $43.30 for just $.70. I have to leave immediately afer the fed pronouncement, not taking risks here.

I believe a dump, though after the fed we usually get a little up/down volatility... later on (rest of the week) I still think we creep up toward that 1700 level...

icon url

metsin2

08/12/03 1:39 PM

#139850 RE: Bearmove #139835

s&p 500 estimates are for growth of 13% q3 and 21% q4.i think estimates are way too high.in my opinion.this would take 5% gdp growth.either estimates are going to get cut up.or companies are going to have to lay off to make numbers.in my opinion.i think these estimates are bullshit.like the last 3 years.just my opinion.
icon url

mlsoft

08/12/03 1:45 PM

#139853 RE: Bearmove #139835

Bearmove....

I agree -- It will be hard for AG to appease the bonds and almost impossible to appease both the bonds and equities. My inclination is for a selloff after the report. Watching TYC (still strong but less buying interest than yesterday), LEN, and CDWC as short candidates.

mlsoft


icon url

mike_m

08/12/03 3:55 PM

#139935 RE: Bearmove #139835

Well so much for that idea....