Good morning Mr. Mark, sorry for the delay in reply. I was really busy at work and since coms is showing good strength, I concentrated on some other trades.
Here is the whole Cramer's article three days ago unedited, coms' part comes in at the very end :
"Beware of Bears-In-Waiting"
By James J. Cramer
6/16/99 4:27 PM ET
The only thing left on my bull checklist is oil. The OSX,
which I think leads oil, is indicating that the last blip up in oil
is bogus and could hold the key.
We get better-than-expected profits -- thanks Oracle
(ORCL:Nasdaq) -- a benign CPI and lower oil and then what
will the bears have to worry about? Gee, will that ever make
them grumpy.
Be ready, now, when the market is not up huge tomorrow
from the get-go for the "lack-of-follow-through" mob. They
will do their darn best to make light of today's rally, which, I
have to say, I regard as impressive.
And be ready for a decline in oil to cause that rusty old trap to
snare the next Grizzly -- and no Trovan to bail him out!
Hoo-hah.
Random musings: That's it, both the Journal and
TheStreet.com pronounce Pfizer (PFE:Nasdaq) dead? I have
to go do work. Stock obituaries are often wildly exaggerated,
even ones in this cybersheet. Oh no, stop me before I lose
money again: I went long 3Com (COMS:Nasdaq) today.
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Mang (trust me, I don't have a street.com subscription) |
