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Justa Werkenstiff

08/06/04 5:59 PM

#280973 RE: Zeev Hed #280954

Z: What makes this low anymore extreme than the March or May lows? I would think you consider this one more extreme if you are looking for 30%.

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longdong_63

08/06/04 7:18 PM

#280987 RE: Zeev Hed #280954

Zeev...2275? That would be new recovery highs. Too rich for me. I think the highs are in for a long, long time. Deflation will take control eventually.
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hawk

08/06/04 7:21 PM

#280988 RE: Zeev Hed #280954

Zeev

If I understand your correctly,your saying a 30% rise in six weeks ?Thanks
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profit_guy

08/06/04 11:51 PM

#281022 RE: Zeev Hed #280954

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