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Technology Stocks : Keane The leading y2k service provider
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To: vestor who wrote (1032)2/18/1999 11:51:00 AM
From: Lee Lichterman III  Read Replies (1) of 1316
 
I don't know, I am currently all cash (well I have a couple August calls that I didn't dump in time, ouch) as I see the market getting over all ugly in the near future. All stocks will be on sale within 2 months IMO. KEA seems to be a leading indicator and is already showing the coming weakness. I am not sure why this is but I have a feeling it is because it is mostly institutionally owned and still a secret to the private investor. The big money knows when they are about to pull the plug so KEA is one of the first to get hit. Of course this is all theory but it does seem to be one of the first to drop weeks to a month before the rest of the market drops and one of the first to climb before the rest of the market makes a real recovery. I use it as a gauge many times to tell if a market bounce is for real or not. If the indexes climb and KEA doesn't, it usually proves to be a head fake.

Good Luck,

Lee
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