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Zeev Hed

03/12/04 5:01 PM

#217507 RE: Alexander #217504

The real question is not so much if we see 1913 or 1887, but once we get there, will the Maginot zone at 1842/50 hold and will we generate enough negativism (P/C ration bunching GNT etc) without too much expansion of new lows (like less than 50 on the Naz would be nice) so that we can engage in the glorious march of 400 to 500 Naz points from those lows into early summer. By the way, I went out with about 35% cash including 6% in gold, as planned. Hopefully, by Monday night, I'll be abe to raise at least another 15% cash.
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TJ Parker

03/12/04 6:06 PM

#217519 RE: Alexander #217504

I see many bearish charts especially in wireless and networking there is a lot more downside risk.

wireless? qcom and swks still look bullish to me.