Replies to post #216185 on Zeev's Turnips Patch-No Politics (ZEEV)

[SantaCruz]

I'd sell firs thing tomorrrow morning if I were you. I hear Bush is speaking again. :)

just kidding

[nancy2]

I hear you. I remember the Dec forecast.

As for the bounce and beyond, my guess is it all hinge on Q1 earning reports and how the guidance might be, whether market would make it back on track and onto a new high.

The fear seems to be the economy recovery has gotten the best it can go and from now on it is going to stall out a bit (if not going down). The more economy sensitive semis, such as MXIM & LLTC are under heavy distribution. MXIM just announced a stock buy back. Guess they feel they have to support the stock.

Good guidances dont seem to help the companies a bit. time and again they were sold into.

I sure hope by reporting time the mood would change. Or by then it has been down enough so it can start the firework again, abeit from a lower level. (May 2000 was like 20% lower from the top, right ?)

[Koikaze]

For those interested, this week's harvest is pretty good and I found a few spare moments, so I've added a bit of material to the Zeev's Ideas Board (#board-1351).

Fred