Replies to post #4882 on Zeev's Turnips Patch-No Politics (ZEEV)

[RENEEJ]

Have you dumped extr? TIA and be assured that whwtever your reply is;,,that you are right!!!

[michalel97123]

Forwarding to you from post by AK Tony in case you missed it

MERQ. Briefing.com. Co. is due to report earnings tonight after market close; this morning Goldman Sachs expects MERQ to exceed Q203 ests, but cuts Y02 EPS est to $0.61 from $0.67 and Y03 EPS est to $0.75 from $0.88. Firm's reasons for lowered expectations are poor applications and services firms' Q2 results thus far....

Zeev,
I guess this explains what happened although a good earnings report for this past quarter should be good enough to prevent more damage. HOw big a role would you say "poor applications and services firms Q2 results thus far" will have on 3rd quarter for merq? How much of a lag is there i guess is the question? Would most of the bad news be in the same quarter? mike

[kevinb]

Zeev,


Re: Change in market tone

Do you see more downward action ahead. We have tested an held (so far at least) 1364, the most recent higher low. is that not reasonably positive.

Thanks for your guidance


Kevin

[was Steve]

Seeing a indication of strangeness. New technical term. SOX is now holding the line at 369/370 while the nas dumps. This may mean we are near LOD in nas and have a shot at a 3 pm rally. Not expecting much. I will give away first born if we go green (g).

Steve