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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: miklosh who wrote (94421)4/23/2000 10:11:00 AM
From: Jerry Olson  Read Replies (1) of 120523
 
Hi Miklosh...

they all look sensable to me...however, we must wait till the reversal off the bottom comes, and not before..

no guessing here..i have no clue as to where we willbottom..yes i have some thoughts, but in this type of market environment, i would not want to guess..

let the market come to us..we'll "see the bottom and the reversal....buyers will come in with both fist's full of sideline money, when the time is right...

at this moment, shorts are in order...thru late next week the cycle lows...then watch for those bullish engulfing sticks, of narrow range day type candles..as sellers abate and buyers step up to the plate...

i like MSFT too..the bad news is out..nothing buy good news can happen from here imo..

the QQQ Leaps..also make sense, and, you can write CC's at the next top too, to take in cash...

good luck...OJ
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