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Technology Stocks : Judges Momentum Watch

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To: judge who wrote (141)7/8/1999 8:46:00 AM
From: coug  Read Replies (1) of 222
 
Judge,

IMO, we are heading into a stock pickers market with my emphasize
on recent IPOs with NO significant earnings so I don't get blind sided
like one of my long termers, SBUX. that come in slightly under did recently.

I trade futures also and yesterday got a trading sell signal, so
I look to the short side now in stocks and futures unless something
compelling comes along... the hot money is still out there..

Globex is weak, this morning due to the bond market, the tobacco ruling and I think some German economic problems.

I will be cautious today on the long side..

Good luck......Coug
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