Replies to post #103668 on Zeev's Turnips Patch-No Politics (ZEEV)

[Smart_Money]

Irritating Ads on IHUB. Now we got sounds. How intrusive.

[podstock]

mlsoft...INTC mid Q update should be good for a 2-3% run up on the day after the update.

Q: What will INTC say?

A: Does it matter?

[jetlag]

Folks,
this is a "historical" shift on how you suggest to look at this market. Until now the tech indicators were more important than the news, no matter how relevant they were. Now during the past month or so the mkt goes up inspite of Zeev daily predictions, others let aside.

The fundamental question I have is on which basis you decide to rather follow the reports and earnings to (eventually) declare bull than the tech levels that seem to suggest bear.

I understood this board consensus is 1200'ish for Nasdaq by July, if not lower, I'm pretty curious what would be the major driver to bring us there (from a 1500'ish that seem doable). Will the deficit go so much higher or the dollar so much weaker (compared to today's values) to justify such a drop?

Thanks/jet