Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: adcpres who wrote (803)	2/22/2001 4:42:24 PM
From: marketing1	of 52237

Volume looks strong. But it doesn’t feel like capitulation. End of month rally may start soon??? Well, the good news is: Pretty soon many of the favorite stocks will be under $20. The downside will be logically limited Aggressive traders should then be at least able to nibble. I mean you could sell covered calls against them and own them for not much money if this bear keeps growling. I don’t believe the generals, the stocks in the high growth sectors Can fall that much further ( in whole numbers, not percentage) Therefore given SUNW, ORCL, NATP, INTC, CSCO, JDSU, EMC (and a dozen more)are in all likelihood not going out of business. There must reach a point soon where investors would rather risk 10 points or so of potential downside on a general in a high growth sector than buy boring low growth defensive type issues. Not advocating catching a falling knife, but how low can they go logically? I’ll be watching INTC. Might be a first test of this theory. BWDIK, Regards, marketing

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