Replies to post #346332 on Zeev's Turnips Patch-No Politics (ZEEV)

[lostalot]

Zeev: "...shifts the Christmass map timing probably by two weeks or so.." Since yur last X'mas map had a NAZ top near 2275 bet 1/19-1/25/05, with your latest 2 wks shift, would that NAZ top be 2/2 - 2/9?

By the way, neither your X'mas map points to double top in Jan/Feb frame and we have not had any top so far in Jan. 05. WHere are that new double top before the end of Feb in your latest revision? Just trying to understand your English.

[michael03332002]

Zeev, if we are due for a turn and rise from here, do you think CREE will participate in the rise after such a hard sell off. Usually after such a down they subsequent rise is somewhat muted, or could there be some down left in this contra to the up trending market, if that happens?


M

[Alexander]

Zeev

Like you, I believe we soon will start a rally, either from around today's level (70% probability) or from a bit lower (2000 level?)(30% probability)

Last week I mentioned you that I personally found the price/volume action of MSFT, IBM, SAP, Dell not very encouraging. As a result, I thought that a retest of 2000 should not be excluded anymore, hence my 30% probability.

As said before I remain unconvinced of a Nassacre. My worst case scenario is a retest of 2000 later this year.

I do see weakness in the consumer side of the economy, but strength on the business side. IMO, businesses have underinvested in IT the last 3 years, by only focusing on cost cutting. Now they are focused on generating growth in revenues, which means they need new IT equipment/software.

Just my humble thoughts

You refer to your portfolio. Where can i find it?

Alexander

[phronimos]

Zeev, what do you think of MRVL here around 35? How high will it go if we get your Naz run?

ENMD breaking out again...looking for a close today above 4.....

-p.