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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (21351)10/14/2000 12:09:42 PM
From: Ken W   of 29382
 
Sergio,

"analysts calling for a rally"

Yep, Goldman came out last night stating that the "slump in tech was way overdone" LOL Do you just suppose the trading desks have covered their short positions and now are long? <GGGG> and people call me nibble fingers!

DELL is now at a 28 pe as are most of the tech biggies. Most companies that warned the last two weeks are still making money, just not at the stellar rate of the past...no company can grow at 50 to 100% every year forever.

The UPC-71 downtick was just below the last ask so I was curious if it was a way of "seeing" short sells. Why some one would want to short a 3 dollar stock is beyond me...but you know those Canadians!!

Ken
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