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longdong_63

10/22/03 3:52 PM

#163777 RE: Zeev Hed #163776

Belkin abandoned his Nasdaq 2,280 target because he noticed that money-supply growth had begun to contract as credit markets froze up -- an event that, in his words, has “drained the economy of bubble fuel

Two weeks ago, Belkin abandoned his yearlong (and initially very lonely) bullish posture and put on the fur. He expects the broad market indexes to sink significantly through the end of the year, led by cyclical industrial stocks, and does not see much of a recovery on the horizon for 2004.

No end target.
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winbond

10/22/03 3:53 PM

#163780 RE: Zeev Hed #163776

zeev, going sleep with jcom?? just got some at 33
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michael03332002

10/22/03 4:15 PM

#163807 RE: Zeev Hed #163776

ZEEV, I think we get a mild gap down tomm, then a steady move up thru the day for some mildy OS relief and to pull in more BUY THE DIPsters, then sell down milding in EOD on thursday to keep em holding. Only thing I am not sure of is FRIDAY, which has the makings of a RUIN THE WEEKEND for the longs...

Just not sure if they will gap her up for a twinkle then drop the bottom out to take out todays lows and head on down or begin the day selling and not look back. Cant believe they would tip their hand today and continue to sell into friday w/o some relief after todays selling, your thoughts at your convenience....

M