Replies to post #35284 on Zeev's Turnips Patch-No Politics (ZEEV)

[kevinb]

Thanks Zeev,

Do you think it will continue up from here, or would it be better to wait for a pull back. I know you expected the market to drop back from the 1220 level, so I am wondering if something like that still applies.

Thanks



Kevin

[zhina]

Zeev, What do you see for wednesday, Is your 10/21 low still on ? OR is there any change in your stance after today's action( and obviously intc, ibm msft will meet the lowered estimates ..then chance of 1350 ?). Appreciate your thoughts. TIA

[Rayman]

Zeev, you are good at discerning MERQ. MERQ's earning is AH tomorrow. What is the chance of a warning? It recently broke 18 which is 52-week low, but bounced back hard to the high of 22.8 today.

I am thinking of build a position in MERQ, but remember your famous word "new lows beget new lows".

I suspect that MERQ's business won't be as robust as it claims to be, just a gut feeling, I can be totally wrong.